Retail - Restaurants | Retail - Bars/Taverns

Asking Price	$490,000	Inventory
Gross Income	$1,300,000	Real Estate
Cash Flow	Not Disclosed	Year Established	N/A
FF&E	$250,000*	Employees	N/A

* included in the asking price

** not included in the asking price

Once in a while you will find a place that really has it all: ambiance...flair...excellent dining...terrific bar action...great location...top quality equipment and furnishings...all at a bargain basement price. Now that the downtown area is being completely revamped and revitalized, there could not be a better time to find such an outstanding deal. As you read this very description the 7.42 acre redevelopment is already being completed and filling up with high-end 79 new condos and 64 luxury apartments. 115,000 sq. ft. of brand new office/commercial units are now being leased up. It is very rare to have this opportunity to have such a fabulous future unfolding at one's door step. This Should Not Be Missed!!

Facilities: This is first class 5,400 sq. ft. restaurant/bar in a picture perfect setting. Cost to build-out and equip far exceeds the asking price. There is seating for appoximately 180 patrons. There is a separate bar, beautiful outdoor patio and private party/banquet room. Parking on the premises for 45/50 cars.

Competition: Food and service is exceptional. Particular attention to details is easily seen here. Very attractive and popular bar. Many regulars for both dining and drinking.

Growth/Expansion: Because of the owner's situation, there are many possibilities for expanding. Ideal for entertainment, private parties, and banquets. It is one of the very best restaurant/bar in the Tri-city area.

Support/Training: Owner will stay on to train and give all the necessary support to make a smooth transition.

Reason Selling: Retirement