Retail - Restaurants

Asking Price	$350,000	Inventory	$20,000**
Gross Income	$1,092,254	Real Estate
Cash Flow	Not Disclosed	Year Established	1985
FF&E	$50,000*	Employees	45

* included in the asking price

** not included in the asking price

The restaurant has three different rooms and a porch. The restaurant s total capacity is 160. There is a bar that seats 12 and the porch seats 40. The building is free standing with plenty of parking and is in front of a busy plaza. The building is approximately 4,100 square feet. The porch is approximately 800 square feet. The current rent is $5,433 per month. The rent increases 2.5% per year. The last option expires on May 1, 2018. In the summer there are 45 part time employees and 20 in the winter. The owner is a managing owner who works approximately 60 hours per week. The hours of operation are Sunday thru Thursday 11:30 A.M. 9:30 P.M. Friday and Saturday 11:30 A.M. 10:30 P.M.

Support/Training: Whatever is reasonable

Reason Selling: Other Interests