Retail - Restaurants | Retail - Other Eating & Drinking Places

Asking Price	$280,000	Inventory	$10,000*
Gross Income	$525,000	Real Estate
Cash Flow	$100,000	Year Established	1983
FF&E	$100,000*	Employees	11

* included in the asking price

** not included in the asking price

Pride of ownership at a bargain price

The hottest restaurant in the area! Housed in a space with 4400 Square feet (1100 of which is rented out), plus a great patio with another 700 square feet, this landmark facility has been a money-maker for over 25 years. There is seating for 70 inside and another 60 outside. Friendly, sports bar interior finds 6 televisions with expanded cable coverage, integrated with a full sound system tied into satellite radio. Net rent is only $1800 / month with over four years left on the lease and extension option available. Full liquor license is in place. The restaurant is every local s favorite and growing. Simple menu starts with the best meat money can buy grown and purchased locally. Quality and value are bywords. Slackers features presentation cooking with a streamlined cooking procedure and production line. New owners will need no prior cooking or restaurant experience, just some people skills and common business sense! Tourist trade makes Slackers wildly busy from February thru November and strong local following insures strong year around sales. Slacker s slogans tell the story: Fast food fit for grownups Cheeseburgers that ll change your life Burgers made the way God intended. It s fun to come to work in a place you can be proud of a place where people can relax with good food and a little humor. See photos and menu at www.slackersrestaurant.com

Facilities: Vaulted beamed ceilings in the customer area, tile floors, a distinctive brick wall, spacious kitchen and storage areas, glass frontage with window seating, an inviting patio with a second entrance and two ADA restrooms. Equipment: 18 ft hood, new exhaust fan / make-up air, Ansul system, 3 freezers, 2 refrigerators, 2 sandwich cases, 2 fryers, oven, proofer, 2 griddles, charbroiler, beer cooler, 2-pull draft beer cooler, glass chiller, ice-maker, 2 three-compartment sinks, 7 stainless steel tables, 6 storage shelves, signage and seating package.

Competition: Page, AZ with a population of only 7000, is a shopping center for at least 50,000 people. Over 3 million tourists visit Lake Powell annually. Any of them who ask about a place to eat will be sent to Slackers. Our charbroiled burger is lauded by tour guides from all over the world. Slackers is the "must visit" restaurant in the Lake Powell area.

Growth/Expansion: Slackers added a dinner menu in May of 2007. The evening business has risen steadily as a result, and gross sales will rise by at least 25% as evening business equals lunch business. The space currently sub-leased was set up to be a full service bar, which adds a nice option for future growth. There has been interest from other communities in bringing a Slackers to their town. The sales price includes expansion rights nationwide with minor exclusions. Our expertise is available to new ownership contemplating expansion.

Financing: 50% down, 50% seller financing upon approval.

Support/Training: Current owners will provide up to 30 days of on-premises training to insure a smooth transition. This business is like a family member. We want to see it perpetuated at a high level.

Reason Selling: Current owners are not kids anymore - ready to pursue other interests.