2274 Hwy 63

Oskaloosa, IA 52577
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$795,000

  • Status:Active
  • Listing #:20176000
  • Type:Commercial

Property Notes

NEW PRICE!!! The Peppertree is an Oskaloosa landmark, hosting loyal customers for fourteen years under current ownership. This business has thrived, and doubled profits year-over-year for the past three years. Success and attention to detail has been of primary focus for the owner, and the result is a turn-key opportunity. The owner has a reputation for fine food that is second-to-none and 30+ years in development of the menu.Open just 26 hours per week, the revenues are outstanding, but as you can see there is also the possibility of expansion. The restaurant hosts many parties and events, and also offers exceptional catering. The building offers a formal atmosphere for guests, as well as a more casual bar side. The banquet facility can accommodate 250+. There is a large outdoor seating area. Parking in the oversized lot is never an issue for events. This is a gem of an opportunity for a buyer looking to make waves in the hospitality industry. We have local lenders waiting to meet the right owner and approve financing at the new list price. Call for more info. 

Property Information

  • Status
  • Price
  • Active
  • $795,000
  • County
  • Area
  • Property Type
  • Mahaska
  • Central
  • Commercial

Agent

Jason Carter
Broker / Owner
  • Email:
  • Phone:
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Location

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“My wife and I lived in the same community as John. We tried to sell our house by ourselves for 2 years before we decided to list with John and Remax. During those two years, John would stop by frequently to see if we would be interested in listing our home with him.

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