Retail - Restaurants | Retail - Other Eating & Drinking Places

$Seller Financing Available

Asking Price	$750,000	Inventory	None**
Gross Income	$543,379	Real Estate	$550,000*
Cash Flow	$100,000	Year Established	2006
FF&E	$125,000*	Employees	21

* included in the asking price

** not included in the asking price

An excellent multi-faceted business for a boating enthusiast restauranteur. There is 3,200 square feet of business activity, including a sit-down restaurant dining area, a well equipped 504 square foot kitchen, 8 rent paying boat slips, a gasoline dock, and a fish market and bar; all active profit centers. 2009 sales $533,379 with a cash flow of $90,000+.

Facilities: 1,350 square foot canopied area serviced by 504 square foot kitchen in a separate building. Big take-out from building, 450 square foot deck, 900 square foot fish market/bar area. 8 boat slips, gasoline dock, parking for 18 cars.

Competition: This is a unique multi-faceted waterfront business. There is nothing like it in the area. The waterfront location is prime with many boaters in the area.

Growth/Expansion: The existing business is excellent with a $90,000 net to the owner. The expansion areas are in the restaurant/bar and fish market area. A more aggressive marketing promotion approach with faxes, e-mails, and more advertising could help here.

Seller Financing Available: Yes

Financing: Owner will finance for qualified buyer.

Support/Training: Owner will remain for 30 days for training and consulting,, 15 days on premises and 15 days via telephone, all at owner's expense.

Reason Selling: Owner retiring to boat.