Retail - Restaurants | Retail - Other Eating & Drinking Places

Asking Price	$130,000	Inventory	$2,000*
Gross Income	$411,790	Real Estate
Cash Flow	$36,000	Year Established	1952
FF&E	$70,000*	Employees	10

* included in the asking price

** not included in the asking price

Restaurant operates 7 days a week with larger Groups for Breakfast & Lunch and smaller groups for dinners. Now the Restaurant closes at 2 pm on Saturdays & Sundays, but should probably stay open due to new Building in the area. This 4600 Sq. Ft. Building has newer equipment in the Kitchen as well as newer paint, caepet & complete remodle in the front.. Great opportunity for a Restaurant person, of family.

Facilities: Newley remonadled Restaurant that seats 155 including a meeting Room that seats 55. The Owner dose not work a shift in the Restaurant, but is in & out from time to time. The menu is Mexican & Classic American, with Beer & Wine. One cook and two watress have worked in this Restaurant for over 25 years each. Also long term employment for most other employees.

Competition: Very popular Restaurant, with minium hours, Restaurant now closes at 2 PM on Saturday & Sundays, and closes at 8 PM through the week. This Restaurnat is known for Great Breakfast & Quick Lunches.

Growth/Expansion: The Restaurant is located on 2 heavy traffic streets, with plenty of parking, ez in & out. Near Kirtland Air Force Base which has 23,000 employees, of whch many, are not in the Military.

Financing: With a down payment of 40,000 the seller will finance 90,000 for 8 years @ 9% in

Support/Training: Seller will stay with Buyer for 2 Wks. to insure a smooth transaction, at no additional cost to Buyer.

Reason Selling: Buyer wants to move to Texas