Retail - Restaurants | Retail - Bars/Taverns

$Seller Financing Available

Asking Price	$95,000	Inventory	$2,000*
Gross Income	$125,000	Real Estate
Cash Flow	$47,000	Year Established	2008
FF&E	$53,000*	Employees	4 ft, 3 pt

* included in the asking price

** not included in the asking price

Busy restaurant and bar located in tourist area. Full liquor license (tough to obtain) adds value. Twelve seats at bars and forty in clean dining room. Medium priced menu with fresh food pulls in both tourists and locals year round. Very competitively priced business at $47 K owners cash flow---and growing. Menu items priced from $6.95-$15.95. Liquor is high margin and 25% of annual revenues. New fuel contract will reduce expenses by an estimated $5,000 in 2010.

Facilities: 2,200 sq. feet center unit of retail strip mall. Fifteen parking spaces. New carpeting and bar area.

Competition: Last stop on this major highway heading out of state.

Growth/Expansion: Open Mondays. Expand bar traffic.

Seller Financing Available: Yes

Financing: $15,000 seller financing at the $95,000 asking price. Two years, 8%.

Support/Training: Two weeks minimum

Reason Selling: Construction business