Retail - Restaurants | Retail - Other Eating & Drinking Places

Asking Price	$79,000	Inventory	$3,000**
Gross Income	$261,000	Real Estate
Cash Flow	$25,000	Year Established	2002
FF&E	$50,000*	Employees	6

* included in the asking price

** not included in the asking price

This business is a six year old 1,200 square ft Port of Subs located in a first class shopping center along the I-5 corridor and anchored by Fred Myer and Costco. The build out is colorful, modern and only the finest quality materials were committed to this project. The cost to start a new franchise today with similar building characteristics would exceed $225,000. The business seats 40 plus. All the equipment is newer and well maintained. There is a semi -unique catering side to the business which also includes the off premises equipment. This side of the business has exceptional growth potential. The monthly rent for this space is $2,670 which includes triple net charges. The existing lease runs thru 2012. The staff of the business consists of 2 full time employees and 4 part time individuals. This business is profitable and has been operated by management. The owners operate other businesses on a full time commitment. This business is a perfect situation for an owner operator or semi passive investor. The business qualifies for the SBA Patriot Express loan which allows a GI to infuse as little as 15 % down on this investment. The owner is also willing to carry a portion of the transaction on approval of financial statements and credit report.

Financing: Seller is willing to finance a portion of the transaction to qualified buyer

Support/Training: 80 hours

Reason Selling: Other Business