Retail - Restaurants | Retail - Bars/Taverns

$Seller Financing Available

Asking Price	$1,200,000	Inventory	$8,000*
Gross Income	$1,015,000	Real Estate	$1,000,000*
Cash Flow	$43,318	Year Established	2006
FF&E	$200,000*	Employees	25

* included in the asking price

** not included in the asking price

Free standing steakhouse for sale. Business presently open and sales are increasing as the weather gets colder. Owner open to lease purchase, lease or purchase property outright. Presently doing 18-20K per week avg. per owner being open only 6 nights a week. 2008 tax return shows 1.45 million in sales. Experienced operator could GREATLY reduce expenses and increase sales. Owner will also sell business only for 75K and lease building for $6500/mo. Call now for details, financials and confidentiality agreement need to be completed prior to viewing.

Facilities: All kitchen equpment, furnishings, built in 1975, 3880 sq feet with additional 900 sq ft outside screened in patio for smoking area.

Competition: Great location one lot off of main artery, located close to major chains, won awards for best steakhouse in the area.

Growth/Expansion: Presently open and doing great numbers, open dinner only six days a week. New owner could stay open later on weekends with entertainment and add lunch to increase sales. Could also add catering to local businesses. 2008 tax return shows 1.45 million in gross sales. This is a home run for the experienced operator.

Seller Financing Available: Yes

Financing: Possible partial owner financing, SBA or lease Purchase

Support/Training: Owner will train for one week at no cost

Reason Selling: Owner has other business ventures