Retail - Restaurants | Retail - Other Eating & Drinking Places

Asking Price	$150,000	Inventory	$12,000**
Gross Income	$410,939	Real Estate
Cash Flow	$63,707	Year Established	1998
FF&E	$100,000*	Employees	7ft 7pt

* included in the asking price

** not included in the asking price

Business was purchased by the present owner August of 2007 and has quickly grown it into a local institution. In fact people come from as far as St Augustine to enjoy the Breakfast and lunch specialties. At present, the restaurant is open for Breakfast and Lunch 6 days per week and open for Buffet Dinner on Friday nights. The owner is currently paying a salary to himself and 1 family member. There is a 16 year manager in place who could perform these duties which brings the bottom line potential up dramatically. This is a very active place with a loyal clientele. The closest competition is Woody s Barbecue. Great opportunity for an owner operator to take the business to the next level. Building and

Facilities: 3500 square foot stand alone building rents for $2500 per month through 2012, with 2 additional 5 year options.

Competition: Prime location - the most popular spot in town.

Growth/Expansion: Business could be open for dinner. Currently only Breakfast and Lunch is served (except Friday Dinner)

Support/Training: 14 days at no additional cost.

Reason Selling: Family Reasons