Retail - Restaurants | Retail - Other Eating & Drinking Places

Asking Price	$979,000	Inventory	$15,000*
Gross Income	$1,400,000	Real Estate	$3,000,000**
Cash Flow	$191,000	Year Established	2007
FF&E	$266,000*	Employees	25

* included in the asking price

** not included in the asking price

The upscale decor and high quality billiard tables and furnishings provide a fun and comfortable environment for adults to eat, play billiards and darts, watch sporting events and socialize. It is enjoyed by loyal local customers and tourists alike. The operational philosophy is to make customers happy, with friendly, professionally trained employees and the best food and billiards products in the market place! The facility provides beautiful, solid wood pool tables, comfortable wood and leather seating, sports viewing areas, dart areas, video games, multiple viewing screens, excellent sound systems, and bathrooms with Italian tile. It is located in a popular North Carolina destination, well situated near large residential populations. Its proximity to these areas makes it an ideal place to go for an evening of entertainment close to home. In addition, many businesses and local industries are located nearby and contribute to profitable lunch and dinner restaurant sales. The menu features delicious, quality items that customers heartily enjoy! Advertising has consisted solely of word of mouth, and as its presence becomes well known and enhanced with additional advertising, a strong future is predicted. It hosts a billiards league, various tournaments, and has featured well known celebrities. Projections for 2008 (based on 2 quarters of actual data) suggest a significant gain in sales over 2007 sales. Even though the nationwide economy has slowed, the momentum of the business has continued to grow rapidly. Sales have continually increased each month since the business opened.

Facilities: Two year-old business with great start-up numbers continuing to provide great revenues. New venue which has already received national attention as a billiards tournament site.

Competition: Great food and popular location!

Growth/Expansion: Incredible growth includes regional tournament draw and local crowd for both food (excellent) and entertainment!

Support/Training: Transition training will be provided

Reason Selling: Sellers re-locating to another state