Retail - Restaurants | Retail - Bars/Taverns

$Seller Financing Available

Asking Price	$195,000	Inventory	$10,000*
Gross Income	$875,000	Real Estate
Cash Flow	$105,460	Year Established	1995
FF&E	$87,000*	Employees	13 f/t

* included in the asking price

** not included in the asking price

Restaurant with full-service bar & music stage. The restaurant has been open for over 14 yrs. The facility has a combined space of (inside & out) of approx. 5,000 sq. ft. and seats 200. The rent is $4,500/mo. with a long-term assignable lease with favorable terms. It is located in the #1 tourist destination in Northwest Florida. Intimate dining area for food and conversation, with a separate area that offers high-top tables, a full-bar and stage for live music. Located on the beautiful Emerald Coast, this is the ideal business for a husband & wife team.

Facilities: The business is located on the busiest highway in the market area. It has approximately 5,000 sq. ft. and seats 200 with spacious dining room and a separate bar & music stage area. The facility is in excellent condition with a 1st class kitchen.

Competition: The restaurant/bar is located in one of the leading tourist destinations in Florida. Over a million tourist visit the area every year and has an expanding permanent population.

Growth/Expansion: Even in a severe recession the business has continued to be profitable. The current owner is absentee and a owner/operator can substantially improve sales and cash flow.

Seller Financing Available: Yes

Financing: The seller will provide financing for 10 yrs @ 5.5% w/ 48k down

Support/Training: Seller will provide training assistance and continuing support to ensure a smooth transition. Seller wants to sell concept through a licensing agreement which would keep the involved as long as the agreement is in place.

Reason Selling: The seller wishes to concentrate on other business interests.