Retail - Restaurants | Retail - Other Eating & Drinking Places

Asking Price	$250,000	Inventory
Gross Income	$454,000	Real Estate
Cash Flow	Not Disclosed	Year Established	1995
FF&E	N/A	Employees	0

* included in the asking price

** not included in the asking price

This is an eating establishment yearning for a new owner and attention. Unbelievable, prestigious location. Possibilities are endless. Continue with current cafeteria style eatery or add a bar and/or sit down service. Great potential for sports bar (only lease in vicinity allowing liquor sales.) Absentee owner has not been able to focus on the business so revenue is down. The space is there and the location is prime. Visitors and foot traffic in area is up. Grab this opportunity and run with it.

Facilities: Nice, clean 2800 sq ft eating establishment with seating for 70. Current set up is cafeteria style. Kitchen, walk-in cooler, walk-in freezer and office. (Photos available upon request after nondisclosure agreement completed.) Great lease expires in 2012 with 5 year options til 2027

Competition: This is the only eating establishment in this busy shopping outlet that has a lease clause allowing liquor sales.

Growth/Expansion: The business had an owner/operator for many years and was very profitable (approx $100K+). After the owner passed away the business has had a turnover in managers and the revenue has declined. A new owner working hands-on would maximize profits. Adding liquor, advertising and revising the menu would expand sales considerably.

Financing: Open

Support/Training: Open

Reason Selling: Management company must focus attention on other businesses.