Retail - Restaurants | Retail - Other Eating & Drinking Places

Asking Price	$69,000	Inventory	$2,000**
Gross Income	$127,000	Real Estate
Cash Flow	Not Disclosed	Year Established	1
FF&E	$30,000*	Employees	3 - pt

* included in the asking price

** not included in the asking price

Gourmet salads and healthy dishes & sandwiches for lunch and dinner. Opened Labor Day 2006. Owner is the chef and has 3 part-time college students to wait tables, etc. Revenue runs $300 to $400/day ($93K to $124K/yr.) Their average sale is approx. $10. They have 3 PT college students, each works 3 5-hour shifts a week at $5.15/hour plus tips (payroll approx. $255/wk). They are open limited hours: Monday thru Friday: 11 to 7 Saturday: 11 to 5. All like-new furniture, fixtures & equipment, recipes, name, and inventory of $1,500 and training for a smooth transition.

Facilities: They lease the approx. 1,500 SF for $1,150/ mo. NNN (monthly totals avg. $1,420). The lease with Skinner-Broadbent is for 3 years with $50/mo. increase each year. The average monthly utilities are: Vectrin: $400, water: $40, trash: $80, insurance: $120, and phone: $80. Food costs run about 25%. Their major suppliers are: GFS, Farm Boy & Sams.

Competition: This is a unique type of deli/restaurant in the Evansville, IN market. There are no competitors.

Growth/Expansion: With permission, Tri-State Athletic Club is opening a satellite Salad World within their facility. Tri-State has agreed to pay Salad World 50% of the profit for that location for use of a limited Salad World menu and providing in-store training for new employees (TSAC to pay their own food and labor costs).

Financing: May carry some paper if buyer is financially strong.

Support/Training: Owner would give up to 2 weeks

Reason Selling: Family health