Retail - Restaurants | Retail - Bars/Taverns

$Seller Financing Available

Asking Price	$525,000	Inventory	$2000*
Gross Income	$1,160,000	Real Estate
Cash Flow	$93,000	Year Established	2005
FF&E	$232,000*	Employees	32

* included in the asking price

** not included in the asking price

Lunch, cocktails, dinner, late night this popular eatery has its regulars for all occasions. It draws families for lunch and dinner and business men and women for power meals. The comfortable outdoor seating is ideal for a romantic meal or just for people watching while you dine. The bar is a popular gathering place, and a fun venue for viewing your favorite sports event. The menu ranges from burgers to upscale, but all is affordable.

Facilities: The 3200 square foot facility is both attractive and functional, with an easy traffic flow inside. The inside tables seat 96 people comfortably, with an additional 20 seats at the bar and 48 seats at outdoor tables. The current rent is $6695/month.

Competition: This is not a national chain. It is a homegrown business which has developed its niche by catering to local likes. It has developed a loyal following which continues to grow. There are no similar restaurants in the immediate area.

Growth/Expansion: This is a community restaurant and in walking distance to a substantial number of residents. Additionally, commercial space above the restaurant has just been leased and will assuredly increase lunch and dinner business. But its popularity also makes it a destination restaurant. It is situated in a still growing, affluent area.

Seller Financing Available: Yes

Financing: Some seller financing might be a possibility.

Support/Training: Seller will train or potentially work with new owner.

Reason Selling: Personal reasons.