Retail - Restaurants | Retail - Other Eating & Drinking Places

Asking Price	$149,000	Inventory	$3000**
Gross Income	$250,000	Real Estate
Cash Flow	$120,000	Year Established	1989
FF&E	$100,000*	Employees	4

* included in the asking price

** not included in the asking price

This restaurant is currently serving breakfast, lunch and dinner, The present owner is retiring. the store size is 2700 square feet with ample parking for 20 cars. the seating is 90. The owner said it will be a great spot for a chinese restaurant. Pleant of equipm,ent the hood system is aquate to have this type of restaurant. If you just want to keep it the same the gross sales is $250,000 foood cost is $60,000, rent $$32,400 electric is $10,000, gas is $7200 telephone 600, insurance is $1500, water is $600 and two waitress salary is $10,000. The father and son earns approxiamtely $120,000 This information was obtained from the seller. The broker does not certify, warrant, guarantee or make any representations about the same and they are subject to errors, omissions, changes or withdrawn from the market. The broker represents the seller in this transaction. The buyer must use due diligence to verify this information. This is SALES PURPOSE ONLY. MORE ADDITONAL PHOTOS ON www.bizquest.com

Facilities: The equipments: tables and chairs for accommodating 90 persons, 6 burner Vulcan range and oven, gas char grill, 2 utilty tables, salad unit with under refrigeration, 2 toaster, 2 Pitco fryolaters , 4 tray food warmer, 4 tray steam table, 2 mircowaves, 2 Blogett pissa oven, icemaker, 2 bay stainless steel sink, grease trap, Hobart dishwasher, utiliy unit with 3 dorr refrigeration unit, 3 bay s.s. sink, 8x9 walk -in refrigeration unit, walk-in freezer, slicer,etc.

Growth/Expansion: This restaurant is currently operating as a breakfast/lunch and his expanded to do pizza and thursaday to sat evening for dinner.

Financing: None

Support/Training: Will train new Buyer

Reason Selling: owner is retiring