Retail - Restaurants | Retail - Other Eating & Drinking Places

Asking Price	$225,000	Inventory	$5000**
Gross Income	$800,000	Real Estate
Cash Flow	$200,000	Year Established	2006
FF&E	$50,000*	Employees	10

* included in the asking price

** not included in the asking price

This location is currently part of a local franchise. This unit is owned by the franchisor. They seek to sell the location and it must be changed from the franchise concept to a new name. The unit has been used as the showcase store for the company but they are changing their format and this location is too big. At the current time they sell primarily coffee and pastries and sandwhiches at lunch. The location also does a good catering business as it is the base of a large office building right off broad street. All equipment will stay but new owner must change the name and the graphics, but can still do coffee if they would like. A new owner could also change the total concept and make it in to a full service restaurant. At the current time there are not hoods but the landlord has agreed to allow hoods and vents at the tenant expense in the future.

Facilities: 2600 sq. ft of space with over 10 years left on lease. Rent is approx. $5000 NNN. Space has very high ceilings with entry into office building and street. Located close to Broad street and has great visability and plenty of walk by traffic.

Competition: This is a great area with plenty of people during the day and night. Current owners have done no advertising and used the location as a test format.

Financing: none

Support/Training: Seller will provide no training or support as this unit is NOT being sold as a franchise location

Reason Selling: Seller is local franchisor that designed this unit as a new prototype, but has d