Retail - Restaurants | Retail - Other Eating & Drinking Places

Asking Price	$259,900	Inventory	$2,000*
Gross Income	$250,000	Real Estate	$100,000*
Cash Flow	$50,000	Year Established	1992
FF&E	$52,940*	Employees	7

* included in the asking price

** not included in the asking price

King's Corner Cafe is a popular breakfast and lunch restaurant located in the heart of New Hampshire's White Mountains on the world famous Kancamagus Highway. A strong local clientele enhanced by year-round tourist activity supports the restaurant, whose revenue has been consistently strong and growing. Included in this offering is the real estate, a commercial condominium with a great location and a very solid association. The restaurant's focus is on providing a quality product, personally prepared, professionally served, and reasonably priced. A great "quality of life" opportunity!

Facilities: The restaurant is housed in a well-maintained, 1343 square foot commercial condominium unit, complete with dining room seating 38, service counter and food preparation area, restrooms, and kitchen. The public areas of the restaurant are clean, well-maintained, comfortable, and appealing to customers.

Competition: There are currently three other full service breakfast restaurants in Lincoln, a bagel shop, and a McDonalds. For lunch options, in addition to the above, there are also three pizza restaurants, a Subway, and two seafood/barbeque restaurants. During peak tourist season, there can never be enough restaurants to serve the needs of all the visitors to the area. The challenge is to appeal to the local clientele and second home owners who keep you busy during the off-seasons. King's Corner Cafe has a strong local following.

Growth/Expansion: At one point the restaurant owned two units, side by side, but sold one unit off a year or so ago. A new owner could certainly pursue that option however it doesn't seem that the additional size necessarily translates into a larger bottom line. The current owners have discussed the possibility of adding a liquor license and opening up for dinner on Friday and Saturday evening's when demand in the area is at its highest. Also, the addition of an evening coffee and dessert bar could positively impact revenues with minimum increased expense.

Financing: Seller financing is not available.

Support/Training: Current owners are willing to stay on and train for up to two weeks after the transfer of the business at no charge.

Reason Selling: The owners are looking to semi-retire as health issues have hastened their desir