Retail - Restaurants | Retail - Other Eating & Drinking Places

Asking Price	$165,000	Inventory	$5,000**
Gross Income	$286,048	Real Estate
Cash Flow	Not Disclosed	Year Established	2006
FF&E	$89,000*	Employees	3 pt

* included in the asking price

** not included in the asking price

This is a new restaurant in Mill Creek that offers contemporary American dining. It receives 5-Star ratings on CitySearch, and customers love the d cor, menu, and pricing. The restaurant specializes in pasta dishes for lunch and dinner, and is considered one of the fine Northwest cuisines. It is located in a new development area with the average household income of $76,859 / $87,678 within a 1 / 3 mile radius respectively. The owner started the business 8 months ago, spent over $200,000 on the build out, and has since developed other business interests. This is an ideal opportunity for a new owner to acquire the business, all the new equipments and fixtures, and take this business to the next level.

Facilities: This restaurant is located in a new shopping mall with many growing developments and 75,000 households within a 3-mile radius. Business hours are 5-9 pm Mondays through Thursdays, 5-10 pm Fridays, 8-3 and 5-10 Saturdays, and 8-3 Sundays. Seating capacity: 53. Parking capacity: 20. Square footage: 1714. Rent: $3625. Conditions of building, fixture, and equipment are brand new.

Competition: Located in a growing area, this business has a lot of upside potential. Customers already like the recipe and dining environment, and refer their friends and families to this restaurant.

Growth/Expansion: What this restaurant needs is a new owner with the energy and drive to focus on marketing, and take what is already there to the next level. The seller has spent a lot of time, money, and effort to start the restaurant, which makes it a perfect opportunity for someone who wants to own a new restaurant without the hassles of starting one up.

Financing: Cash at closing

Support/Training: Negotiable.

Reason Selling: Owner wishes to focus on other business interests.