Retail - Restaurants | Retail - Other Eating & Drinking Places

$Seller Financing Available

Asking Price	$250,000	Inventory	$5,000**
Gross Income	$240,000	Real Estate
Cash Flow	$40,000	Year Established	1984
FF&E	$150,000*	Employees	4

* included in the asking price

** not included in the asking price

This profitable 5 day deli/restaurant is located in the central business business district of NW Washington's Golden Triangle. It is near the World Bank, IMF and European Union offices. Great foot traffic and is one block from hotels and high income residential apartment buildings. The seller operates this business with only 4 employees. Ideal buyer would be a talented chef or family.

Facilities: The FF&E were new 4 years ago. Square footage is 1,748 and the lease is $8,600 per month which includes trash, water, RE tax and CAM; initial term expires in May 2014 and has a 5 yeaar option; has seating for 52.

Competition: The current concept is Mediterranean Cuisine which has no icompetition in the immediate area.

Growth/Expansion: Currently the seller operates the deli/restaurant Monday through Friday from 8 am to 5 pm. New owner could add a dinner service and open on weekends.

Seller Financing Available: Yes

Financing: Some to a qualified buyer

Support/Training: Seller will provide buyer with 2 weeks on site and 2 weeks on call.

Reason Selling: Wants to concentrate on catering without running a retail store.