Retail - Restaurants | Retail - Bars/Taverns

Asking Price	$249,000	Inventory	$5,000**
Gross Income	$795,049	Real Estate
Cash Flow	$169,474	Year Established	1996
FF&E	$50,000*	Employees	15

* included in the asking price

** not included in the asking price

Lakefront Restaurant/Bar

Originally priced at $425,000.00 Seller is very motivated. Exciting, vibrant, restaurant concept on West side of thriving community with incredible views. Highly profitable operation with very limited hours in professionally designed commercial/residential condominium complex. Attractive lease with option to purchase real estate.

Facilities: 3,055 sq ft, $4,367/mo + CAM $911/mo until 1/31/09 (2) 5 yrs options w/options to buy property.

Competition: Very strong location with only restaurant space of its kind on west side of fast developing community. Restaurant is easily converted to many concepts. Price includes Trade name and proprietary recipes.

Growth/Expansion: New owners can easily expand hours to increase sales. Restaurant situated on $3,000,000.00 newly constructed in 2004 lakeside development with parks and boating dock.

Financing: New Financing SBA Assumable $95K

Support/Training: 30 days for new owners

Reason Selling: Other interests in hospitality field