Retail - Restaurants | Retail - Other Eating & Drinking Places

Asking Price	$135,000	Inventory	$5,000*
Gross Income	$521,072	Real Estate
Cash Flow	$81,600	Year Established	2005
FF&E	$108,720*	Employees	Owner + 9FT

* included in the asking price

** not included in the asking price

Elliott's Sports Pub & Grill is located on a major boulevard near a shopping mall and the freeway. It has been serving its devoted clientele for many years and it is a great place to watch sports! This restaurant provides lunch, appetizers and dinner, along with selections of beer, wine and other adult beverages. Food and drink specials are featured daily. There are several large screen TV s for customers to enjoy their favorite sporting events, along with pool tables and several arcade-type games. The restaurant is fully equipped, including a large exhaust hood, grills, fryers, grease trap, prep equipment, utensils, refrigeration, shelving, dishwashers and miscellaneous items. For the past year sales break down as follows: food approximately 32.5%, with beer, wine and liquor at approximately 66%. Most beer sales are draft. The liquor license is currently leased and is available for sale.

Facilities: The facility has about 3,400 total square feet. Indoor space is approximately 3,200 square feet with an additional 200 square feet available on the patio for good weather fun and relaxation. Occupancy is rated at 85 inside and 30 outside. Base rent is $3,430 on a month to month with a five-year option.

Competition: There are other restaurants and bars in the area that vary widely in concept, price and quality of service.

Growth/Expansion: This opportunity needs to be acquired by someone willing to work full-time bringing new excitement, ideas and energy, as well as reducing labor costs. The major focus on promoting more nightlife has been absent in this business. Generating positive results in this area could result in a dramatic improvement in sales and profitability.

Support/Training: The owner will provide 40-50 hours of transition assistance and may be available for part-time consultation and instruction as negotiated.

Reason Selling: Lifestyle Change