Retail - Restaurants | Retail - Bars/Taverns

Asking Price	$395,000	Inventory	$35,000**
Gross Income	$2,182,485	Real Estate
Cash Flow	$66,279	Year Established	1999
FF&E	$500,000*	Employees	40 f/t, 15 p/t

* included in the asking price

** not included in the asking price

This is a high end tavern situated in a dining mecca with a number of other fine restaurants nearby. There are several upscale gated communities close by, one of which hosts a professional golf event annually. It is located in a busy shopping center adjacent to a major supermarket. This tavern is exactly what their name implies. There is comfortable seating in several rooms, a terrace and the large wood paneled bar. The theme is golf-related with interesting memorabilia displayed throughout. The menu features oak grilled meats and seafood, bountiful salads and a vast appetizer selection. The bar offers a well stocked variety of liquors with a substantial wine list. This business was started in 1999 and has been successfully owned & operated locally for more than nine years. 2009 Sales expected to bottom out at $1.9 Million. Landlord will modify rent to prevailing market rates. See website at www.in360.com/jh2460/ for virtual tour.

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Facilities: 4800 sq. ft. restaurant/bar with lease term of 12/31/2009 including 2, 5-yr. options to renew. Situated in shopping center anchored by major supermarket.

Competition: Located in an area where residents, business folks and vistors enjoy a high degree of discretionary income.

Support/Training: Two weeks of training.

Reason Selling: Personal reasons