Retail - Restaurants | Retail - Bars/Taverns

Asking Price	$950,000	Inventory	$25,000*
Gross Income	$1,055,000	Real Estate	available**
Cash Flow	$346,000	Year Established	1995
FF&E	$76,170*	Employees	28

* included in the asking price

** not included in the asking price

This magnificent facility is a feast for the eyes as well as the senses. First class family dining is the trademark in an atmosphere of warmpth and comfort where fireplaces glow and waterfalls gently add to the ambience of the dining experience. A new sunroom has been recently constructed adjacent to the brand new bar. This new, large, and beautiful mahogony bar was constructed last year and liquor revenues have more than doubbled. Entrance to the bar is direct without having to go through the restaurant. Similarly, the restaurant can be entered without passing the bar. In concert with that concept, the large and divisible finction room has five separate entrances, separate bars, and separate coat roome and toilet facilities. The entire business was well planned to include separate kitchens for the restayrant and the function room. Currently, the owner has started a remodeling program for the restyling and upgrading of each toilet room cluster. This business must be seen to truly appreciate the quality and get a first hand sense of the substabtial cash flow for the business. Functions, the heart of the cash flow and profit center, are booked almost a year in advance. Detailed information and pictures can be obtained from the consultant by calling 508 822-7190 or e-mail to cviboston@aol.com. Your inquiry will be responded to directly.

Facilities: Business is located in a prime commercial area. Very heavy function business booked all year and six months into the next season. Professional management stays with the business. Bar (completely new) business is part of the complex and separate from the function business. Newly constructed dining facilities, sun room, fire places, huge parking area on flat site, large illuminated sign, very busy street (main traffic artery), with direct access.

Competition: The large New England city is repleate with bars and restaurants and this enterprise competes very successfully against all competition. The facility is unique due to the large size, modern bar, and the ability to handle large functions. Therefore, this facility is sought after not only for functions, but dining and salooon entertainment as well.

Growth/Expansion: The site and business are maxed and tend to operate at or near maximum efficiency.

Financing: Substantial RE Financing if buyer wants land

Support/Training: Buyer must be experienced in function and or restaurant business. Seller will completely train further as necessary.

Reason Selling: Retirement