Retail - Restaurants | Retail - Other Eating & Drinking Places

Asking Price	$1,195,000	Inventory
Gross Income	$888,000	Real Estate
Cash Flow	$149,000	Year Established	1988
FF&E	N/A	Employees	13 +

* included in the asking price

** not included in the asking price

Great business opportunity for owner/operator or investor. Sales price reflects a cap rate of 12% with a 21% cash on cash return with 20% down payment. This restaurant has it all; high volume, key location with excellent traffic flow, more than adequate parking on-site, attractive setting & atmosphere, and it delivers consistent quality food to a loyal clientele. Concept does not require trained chefs to create menus or to maintain consistency. All employees are hourly. PLUS, you can live and work in the clear, clean air of Southern Vermont's mountains.

Facilities: Free standing restaurant building, 4,500 square feet on 1.57 acres of land, more than adequate parking. Property is in excellent condition. 125 licensed seats. Restaurant serves dinner only 6 days a week. Completed franchise documents including manual of operations is included. All furniture, fixtures & equipment are included, as well as proprietary recipes.

Competition: Prime location, unique concept. Successful since the doors opened 19 years ago. Developed its own market niche, no direct competitors.

Growth/Expansion: Growth potential through franchising the concept, selling key products, and catering.

Financing: None

Support/Training: Owners will provide a minimum of 80 hours training to new buyer.

Reason Selling: Owners want to retire after 19 years