Retail - Restaurants | Retail - Other Eating & Drinking Places

Asking Price	$120,000	Inventory
Gross Income	$288,000	Real Estate
Cash Flow	$62,000	Year Established	1984
FF&E	$100,000*	Employees	5

* included in the asking price

** not included in the asking price

Great opportunity to own 25 years old established and profitable Italian family restaurant. Located in a huge shopping center, anchored with many major chain stores This place is known for its friendly atmosphere and great menu. Specialty pizzas, pastas, big sauced sandwiches which compliments by a nice beer selection. Tap and bottle. This 2600 sq.ft restaurant has big kitchen, and 75 seating which offers plenty of space for parties, group meetings, after work gatherings, also, excellent set-up to watch favorite sports event, 61 screen TV w/satellite-cable, pool table, game machines. Won't Last Long, Inquire Now! Reason for sale: Burnout. Per Year. Location: City of Ontario/ Strip center. Demographics: TOTAL population 160.852, White-36.191, Black- 10.937, Latino 104.714, and Other 8.364 Established: 1984, (25 years) with the current Owner since 1987 (22 years) Size: 2.600 Sq.ft. Rent: $ 6,180 / 2.38 sq.ft Lease terms: Exp. June 2010 plus two 5 years option / 3% annual increase. Kitchen: Hood, 2 deck ovens, walk-in refrigerator and more. Seating capacity: 75 License: Beer and Wine. Parking: Ample. Business Hours: 7 days / regular hours 11-10pm and Fri-Sat 11-11pm Payroll $4000 Employees 2FT/ 3 PT FF& E $ 100.000 Seller will provide Training for 2 weeks @ 20 hours per week

Support/Training: 2 weeks at 20h/week

Reason Selling: Burn out