Located at 110 1st Street North, in Farley, Iowa; This Restaurant and Drinking Establishment has a Long Long Standing Reputation as One of North East Iowa’s Finest Get Together Have a Fine Meal and “Just Enough to Drink” Establishments. Having Been Founded by the Owners Father “Bill Schroeder” in 1959, This has Been a 1 Family Owned Business from Day One and Still Is.
The Property is a Brick Building with a 7 Year Old Urethane Roof. There is a Spacious Clean 4 Bedroom, 2 Bath Apartment Up Rented by a Long Standing Tenant. All Utilities are Split Between the Business and Residential Areas. There are 2 Newer 15 Year Old Natural Gas Furnaces and Both Levels Have Central Air. The Property Includes a Must Have Back Lot for Off Street Parking And/Or Outside Entertainment Options. The Building is Handicap Accessible. There is A Fully Weather Proof Covered and Enclosed Front Entrance as Well as A rear Entrance off of the Back Parking Area.
The Business Operation Was Fully Remodeled About 15 Years Ago. There is Large Full Service Kitchen with All Equipment and Tools of The Trade Included. The Bar Runs Full Length of the Bar Area and Features a Large BackBar. The Dining Area and Bar Seats 101. The Property and Equipment is Kept in Top Shape with Pride by Its Owner. We Are Selling the Real Estate, Equipment, Fixtures, Business, Business Name and Good Will All as a Package.
The Established Trade This Business Offers Can’t be Under Estimated. I LIve in Farley and have Seen the Dining Room Fill Full and Cycle as Many as 2-3 Times in an Evening. Its Reputation and Location Just off Highway 20 are a Huge Advantage to Any Business Owner.
If you Want to Enjoy the Benefits of Your Labor Being Returned Many Times Over, This is a Real Business Opportunity.
Asking $340,000.00 for the Complete Package
Gary K. Willman Broker
Steve Miller Sales Associate
PO Box 818
31663 Hwy 52
Guttenberg, Iowa 52052
Proudly Licensed in The State Of Iowa
Cell Phone 563-599-7196
Office Phone 563-252-1144
Office Fax 563-252-1151