Retail - Restaurants | Retail - Other Eating & Drinking Places

Asking Price	$250,000	Inventory	$8,800*
Gross Income	$500,000	Real Estate
Cash Flow	$200,000	Year Established	2004
FF&E	$40,000*	Employees	N/A

* included in the asking price

** not included in the asking price

Restaurant has two stories and offers a wide selection of freshly prepared menu items and affordable Italian cuisine in a warm, elegant lounge setting; service bars located on each floor. Awarded Best new restaurant in 2005 and best in Rhode Island 2006.Lowest month in sales 39k, with a constant cash flow over 18k after expenses available monthly; still growing in the community; great tourism profits; steady annual capital.

Facilities: Resturant offers a wide selection of freshly prepared menu items and affordable italian cuisine in a warm, elegant lounge setting. Service bars located on each of two floors. Awarded Best new resturant in 2005 and best in Rhode Island 2006.

Growth/Expansion: 500 square feet of storage rooms that can be converted into additional offices, supply area or kitchen facility.

Financing: 20% down, remaining payout over 2 years at 7%

Support/Training: Owner will stay on to manage for 30 days

Reason Selling: Moving out of state