Retail - Restaurants | Retail - Other Eating & Drinking Places

Asking Price	$495,000	Inventory
Gross Income	$460,000	Real Estate	$350,000*
Cash Flow	$100,000	Year Established	1977
FF&E	N/A	Employees	10

* included in the asking price

** not included in the asking price

This profitable restaurant, a turn-key business in every sense of the word, has been family-owned and operated since 1977. It has an extensive customer base and offers a traditional breakfast, lunch and dinner from 6 am until 8 pm (excluding Sundays). THE REAL ESTATE IS INCLUDED IN THE SALE. It is located in the heart of downtown along the main thoroughfare of the city with good visibility including a large free-standing sign that draws additional attention to the business. It is easily accessable via it's own eighteen slot parking lot, with additional parking on the street. The Seller is willing to will remain for a period in order to insure a smooth transition.

Facilities: The restaurant is 3,300 sq. ft., seating 100 customers including banquet/private seating for thirty-five. The kitchen features amenities including: two U.S. flat-top grills and ovens, a ten foot exhaust system with fire-suppression system, double-well deep fryer, a new 5 x 8 walk-in cooler, updated refrigeration, three freezers and large dry storage area. There is also 700 sq. ft. currently leased as an office, this area could be converted for additional seating, banquet facilities or a bar with lottery.

Competition: Central location. Great reputation in town. Captive local market.

Growth/Expansion: New corporations and hospital locating to this town.

Financing: Bank financing available

Support/Training: Seller will stay to provide a transition

Reason Selling: retirement