Retail - Restaurants | Retail - Other Eating & Drinking Places

$Seller Financing Available

Asking Price	$125,000	Inventory	$10,000*
Gross Income	$389,968	Real Estate
Cash Flow	$1,628	Year Established	1978
FF&E	$10,000*	Employees	16

* included in the asking price

** not included in the asking price

Restaurant is fine dining establishment in high visibility resort location. This serves 'low country' cuisine and appeals to vacationers, golfers and locals. Seller's price does not include use of the 'Mayor's House' name. Seller would be willing to include this well esteblished and respected name for $50,000 add'l which he would finance.

Facilities: 3,815 ft. @ $5,300 per month. Free standing building with lease expiration date of 12/31/2009. 5-year option available.

Seller Financing Available: Yes

Financing: $25,000 at 5% for 60 months. Monthly payment = $471.78

Support/Training: 4 weeks at no additional cost

Reason Selling: Retirement