Retail - Restaurants | Retail - Bars/Taverns

Asking Price	$295,000	Inventory
Gross Income	$952,307	Real Estate
Cash Flow	$144,834	Year Established	1992
FF&E	N/A	Employees	8 f/t; 6 p/t

* included in the asking price

** not included in the asking price

This restaurant and neighborhood bar is well-established, full service, free-standing building with off street parking, sales are near $1 Million and can GROW! Excellent reputation and opportunity for an owner/operator or an investor. Business has been operating for 16 years and has been stable. The facility also has a full service catering business with an established clientele. Offers daily specials, entertainment both live and sporting events. Restaurant is located on main artery between Wilmington and Newark. Many businesses in the area that enjoy lunch and happy hours daily. Operates seven days a week with a license to sell alcoholic beverages, which can be tranferred to qualified individual.

Facilities: All equipment including TVs are part of the sale; parking is off-street and ample; facility is up to code and maintained; 4,020 sf on two floors; lease monthly $5,200; present owner has operated for 16 years.

Competition: There are a number of restaurants on this major highway, but this facility offers variety in food, entertainment, something for the whole family. It also has an extended catering menu.

Growth/Expansion: The restaurant facility can continue to expand its catering efforts off site; offer specials for happy hour during the week; and perhaps entertainment can be offered nightly.

Financing: may be negotiable

Support/Training: A two-week observation for verification of sales; and a training period as determined by buyer and seller.

Reason Selling: Seller wants to concentrate on other business ventures.