Retail - Restaurants | Retail - Other Eating & Drinking Places

Asking Price	$349,000	Inventory
Gross Income	Not Disclosed	Real Estate	$349,000*
Cash Flow	Not Disclosed	Year Established	1900
FF&E	$35,000*	Employees	N/A

* included in the asking price

** not included in the asking price

This is a great opportunity for a budding entrepreneur to start his or her own restaurant business while generating supporting income at the same time. The Dolly Madison Restaurant is currently only operating from 6:00 a.m. to 5:00 p.m., Monday through Friday and 6:00 a.m. to 3:00 p.m. Saturdays. The property is located in a diverse community and is ready for a new life serving ethnic or bistro food, perhaps a BYOB. The restaurant has seating for approximately 50 with a mix of tables, booths and counter seating. The kitchen was remodeled in 2005. There are two apartments (two-bedrooms each) on the second floor providing additional income or live-in quarters for owner. In addition to the Real Estate, all furniture, fixtures and equipment are included in the sale.

Facilities: Free-standing corner building built in 1900. Restaurant, two apartments (two bedrooms each) total 4725 sq. ft.

Competition: Standard competition - nothing out of the ordinary. Only ethnic food restaurant in area is Chinese.

Growth/Expansion: Has been operating as standard breakfast and lunch fare for many many years. It is ready for a change in venue.

Reason Selling: Retirement