Retail - Restaurants | Retail - Other Eating & Drinking Places

Asking Price	$425,000	Inventory	$5,000**
Gross Income	$461,351	Real Estate
Cash Flow	Not Disclosed	Year Established	1996
FF&E	$100,000*	Employees	15

* included in the asking price

** not included in the asking price

Purchase for $425K for full concept or $295K for build-out & equipment only. Vibrant concept with original menu, excellent location and reputation. Crisp, clean, upscale floor plan/d cor easily converted to many concepts. Superior build-out, very well maintained. Park/lakeside location in new commercial/residential condominium complex with outstanding Lake views from every table. Seats 80+ w/20 more on seasonal balcony/patio.

Facilities: Approx 3,455 sq ft retail and storage Lease: $5,572/mo includes CAM until 5 year plus 5 year option

Competition: Very strong location with only restaurant space of its kind at fast developing community. Considered by most to be best restaurant in the area , yet full adaptable to any new concept.

Growth/Expansion: Highly profitable operation w/only 5 days/wk. Full liquor is available. New owners can easily increase sales: expand hours serve breakfast and brunch, 7 days/wk delivery, happy-hours. Restaurant situated on $3,000,000.00 newly constructed in 2004 lakeside development with parks and boating dock which also provides parking lot for restaurant fully maintained year round by city (no extras property taxes or snow removal!)

Financing: $70K assumable SBA Loan

Support/Training: Negotiable for new owners

Reason Selling: Other interests