563-568-4170
Since 1960
$275,000.00
2020 College St, Cedar Falls, IA 50613
Successful gourmet burger restaurant located close to UNI (College Hill). $800k average sales, is primed for growth and "ripe" for franchising. Owner moving out of state for family commitments. Business has a staff of 12 trained people giving exceptional customer service earning a 4.6-4.8 star rating across social media with 4700+ followers and over 6500+ loyalty accounts (strong on online presence). Included are all the gourmet recipes, inhouse sauces recipes, written mgt. SOP'S, and quarterly specials. Business has a professional ordering website with SEO capability and functional app connected with the POS system. Business is turnkey with all necessary equipment and systems in place. Willing to provide training and support. A new 15ft. hood to replace 11ft. hood with new ansul system and fresh air return by this summer.
MLS ID #:
NBR20241735
Property Address:
2020 College St
Cedar Falls, IA 50613
Cedar Falls, IA 50613
County:
Black Hawk
Region:
Cedar Falls South 2
Year Built:
1914
Property Type:
Commercial Sale
Sub-Type:
Retail
Date Listed:
April 29th, 2024
Status:
Active
Price:
$275,000.00
Gross Taxes:
$1.00
Tax Year:
1
Gross Income:
$800,000.00
Sale/Rent:
For Sale
For Lease:
No
Lease Type:
Net
Sale/Lease Type:
Investment Sale
Lease $/Month:
$2,854.00
For Sale:
Yes
Zoning:
C-1
Legal Desc:
Parts of Lots 5 & 6, Blk.13 in Railroad Addition, etc. (see abstract)
Off-Street Parking:
0.00
Sprinkler:
Yes
Total Building Sq Ft:
2,906 sq ft
Retail SqFt:
1,453 sq ft
Lot Sq Footage:
0
Acres:
0
Common Area:
No
Flood Insurance:
No
Listing provided courtesy of Lockard Realty Company.Listing Agent: Steve Conrad & Jim Benda
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