Retail - Restaurants | Retail - Other Eating & Drinking Places

$Seller Financing Available

Asking Price	$129,900	Inventory	$2,500**
Gross Income	$187,000	Real Estate
Cash Flow	Not Disclosed	Year Established	2008
FF&E	$46,000*	Employees	3

* included in the asking price

** not included in the asking price

Price just reduced, owner desires a quick sale and is willing to negotiate even more! Beautiful cafe and restaurant located in a major strip center in the greater Annapolis area. Turn key and ready for a new owner to step in! The right owner could dramatically increase sales by adding to the menu, catering to the full spectrum of this mixed community, adding additional hours and marketing to the surrounding communities and the nearby marina!! Sail into the next part of your life in this Annapolis treasure. What a price!!

Facilities: The business is located in a large and major strip center on a well traveled main highway in a heavily populated residential and commercial area. It is housed in 1200 square feet and has been meticulously built out and maintained. the inside is very cute with seating for 30 patrons. Lease has over 4 years left with a five year option. Can be renegotiated for a longer length of time.

Competition: Long established location with lots of name recognition. Has a great local following and a Latino following as well. New owner can upgrade the American and Latino menus, add a breakfast menu and a more complete lunch menu can be added to markedly increase sales. Currently do not serve any hot breakfast items. Hours can be expanded, catering can be added, daily specials, faxes and emails can also be added or improved. Sitting right on a major in/out road for Annapolis in a newly renovated two story strip center.

Growth/Expansion: Excellent growth potential with the marketing of catering to the surrounding neighborhoods. Has not been fully marketed yet, and would increase sales by doing so. Less than 1 and a half miles from old town Annapolis and right in the heart of busy commercial and mixed residential communities. Hours of operation could be expanded to include evenings and weekend afternoons to gain significant additional gross income.

Seller Financing Available: Yes

Financing: Owner financing available

Support/Training: Full training included in sale price.

Reason Selling: Owner has other business interests.