Profitable Food Franchise With Longstanding Community History For Sale - Business for Sale
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Food Franchise in Davenport, IA
Davenport, IA, US
Added 1 month ago
Food Franchise
Absentee / Semi-Absentee
A food franchise located in Davenport, IA, offering catering services and operating under absentee ownership with a longstanding community presence.
Key Information
Asking
$240K
Revenue
$268K
Earnings
$111K
Multiple
2.2x
Key Highlights
- Business has been under current ownership for nearly 25 years.
- Fully remodeled in 2024 with new equipment.
- Located along a busy highway with no food competition for 17 miles.
- Consistent customer base from businesses and community events.
- Offers catering services and has a strong community reputation.
- Fully staffed with 11 employees: 1 Manager, 1 Assistant Manager, 9 Full-time and Part-time Staff.
- Current absentee ownership with potential for increased profitability under hands-on management.
- Franchise with grandfathered privileges for ice cream parlor.
Contact Info
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