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Accommodation & Food Services

Sam And Louie’s Italian Restaurant

Iola, KS, USA
Listed 104 days ago
Established 2013

High-Margin, Turnkey Italian Restaurant & Pizzeria for Sale Executive Summary Seize a rare opportunity to own a thriving, community-favorite Italian Restaurant & New York Pizzeria. Skip the high setup costs, lengthy delays, and construction stress of a startup—this location is 100% operational, fully staffed, and cash-flowing from day one. Known for its family-friendly atmosphere and diverse menu (hand-tossed pizza, strombolis, pastas, and award-winning wings), this is an ideal venture for an ambitious owner-operator or investor seeking a turn-key business with a proven playbook. The Franchise Advantage Purchasing an established location within this franchise network gives you an immediate edge over independent restaurants: Market Growth & Local Tourism Beyond an established local customer base, the area is experiencing exciting economic momentum with the recent opening of a state park. The new state park brings a steady, growing influx of tourists, campers, and outdoor enthusiasts directly into the area. Ideally situated along a primary commercial corridor, the business is perfectly positioned to capture this expanding foot traffic and leverage local tourism for continued revenue growth.

Location

Ideally situated right at the main entrance to Walmart along Iola's primary commercial thoroughfare, this business commands exceptional visibility and non-stop exposure. Positioned in the heart of the town's highest-traffic retail corridor, the restaurant benefits from steady daily vehicle passes and direct access to built-in customer traffic from nearby major retailers.

Employees

17

Real Estate

Lease

Trading Hours

Wed- Sun

Leasehold Rent

$2,000 per annum

Franchise Terms

See attached Docs

Management Type

This business is owner operated.

Premises Details

The business operates out of an attractive, free-standing building constructed in 2013, situated on a spacious one-acre lot. The property offers excellent accessibility, high-visibility street presence, and an expansive parking lot with ample space to comfortably accommodate high-volume daily customer traffic and large group gatherings.

Years Established

13

Support & Training

The seller is committed to ensuring a seamless transition and will provide 30 days of direct, hands-on, on-site training to cover daily operations, vendor relationships, and specialized recipes. Following the initial training period, the current owners will remain available on call for an additional 30 days to offer ongoing guidance, answer operational questions, and support the new owner as they fully step into the business.

Expansion Potential

Sam & Louie’s offers immediate growth potential both within the business and across the expanding Iola community. In-store operations can easily scale by leveraging the restaurant's established catering services to expand revenue through local corporate events, private parties, community gatherings, and sports travel. Externally, Iola is positioned for increased regional tourism with the opening of Lehigh Portland State Park, bringing a steady influx of out-of-town outdoor enthusiasts, campers, and day-trippers directly into the area. Positioned right off a high-traffic corridor at the entrance to Walmart, the restaurant is uniquely situated to capture this new foot traffic, offering a buyer significant runway to grow sales, extend operating hours, and build on an already solid customer base.

Size In Square Feet

3,250

Competition / Market

Sam & Louie’s enjoys an exceptional market position as the exclusive Italian restaurant in Iola, giving it a unique advantage as the town's sole destination for authentic pasta, traditional Italian entrees, and specialized dining. Situated directly at the main entrance to Walmart along a high-traffic commercial corridor, the business benefits from continuous, high-volume exposure and steady daily traffic. With zero direct competition for its specialized menu in the local area, the restaurant draws a reliable customer base from both the immediate community and surrounding regional trade areas, offering a new operator stable demand and a well-established market footprint.

Franchise Opportunity

Franchise Resale

Reason for Selling

The current owners are selling to pursue new career opportunities. They are fully dedicated to assisting with a smooth ownership transition and handing over a turn-key, well-regarded business to the next operator.

Financials

Asking Price
$350K
RevenueMost Recent Year
$689K
Earnings (SDE)Last Reported
$100K - $250K
Assets ValueIncluded in Asking Price
$90K
Seller Financing
Not available

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