Retail - Bars/Taverns | Retail - Restaurants

$Seller Financing Available

Asking Price	$295,000	Inventory	$4,000*
Gross Income	Not Disclosed	Real Estate
Cash Flow	$110,400	Year Established	2008
FF&E	$10,000*	Employees	6 part time

* included in the asking price

** not included in the asking price

Only of a type facility, in all of Williamsurg, located in part of town which is designated a growth area. Williamsburg's population of 60,000 is projected to grow to 160,000 by local planners. For the right forward thinking buyer, this operation will be a good investment.

Facilities: Unique setting for area. recently remodeled, with uprgrades to include new T.V. Sound, and decor & furniture. Leased space is 5000 square feet at $1500 per month. Unlimited parking. Bar, Lounge & Grill is located in the only Hotel with F&B; with 4 area hotels within 1/2 mile with no F&B. Facility has large kitchen, seats 100 for food, with total capacity of 150. Facility has contemporary decor.

Competition: This type of Bar, Lounge and Grill is only type in Williamsburg area. Great potential to grow with increased local marketing and Spring and Summer tourist season. Operation is new.

Growth/Expansion: More hot sevice meals added as season progresses. Currently, facility is operated as Bar & Lounge. Large kitchen give it great potential for the visionary type of buyer

Seller Financing Available: Yes

Financing: Seller willing to offer creative financing

Support/Training: Owner willing to train, and stay on to manage

Reason Selling: Owner's partner wants to sell