Retail - Restaurants | Retail - Other Eating & Drinking Places

$Seller Financing Available

Asking Price	$395,000	Inventory
Gross Income	$350,000	Real Estate	$345,000*
Cash Flow	Not Disclosed	Year Established	1990
FF&E	N/A	Employees	N/A

* included in the asking price

** not included in the asking price

This local landmark has been serving satisfied customers for over 18 years. It is located on a busy highway in a small town near Charlotte. It is considered to be a local landmark, where generations of patrons gather. The free standing building has a small bar that is not being used except as a service bar. It has another separate non-restaurant business that nets the owners $1,000 per month to compliment the already busy restaurant. The present owner does a lot of carryout. The location is near a Country Club and several housing subdivisions. It draws customers from all over the surrounding area. There are 2 areas for large private parties. The owner claims a good cash flow and is selling because of a recent heart attack. An experienced operator can make this place excel and be able to buy the property for less than most rents. If you just want a lease, the owner will sell you the business for $100,000 and lease the property to you for $2,800 per month plus maintainence, taxes and insurance.

Seller Financing Available: Yes

Financing: Possible Assumption of $230,000 loan $2,800 mo pmt

Reason Selling: Retirement Due to Heart Problems