Buying a stake in a steakhouse was never this easy

Hanging on a bulletin board in a small Iowa town, among the ads for dog grooming and used snow blowers (each printed on colored letter paper with those easy-tear tabs with preprinted phone numbers) was an similarly styled ad for a steakhouse.

A 10 percent share in Joesph’s Steakhouse to be exact. To quote the flyer:

10% Interest in Joseph’s Steakhouse downtown Iowa City (property only) This is an established high end steakhouse and seafood restaurant located in the heart of Iowa City at 212 South Clinton Street 319-631-3268

Seems an odd way to sell a stake in a restaurant to me.