| Asking Price |
$1,150,000 | Inventory |
$2,000** |
|---|---|---|---|
| Gross Income |
$1,100,000 | Real Estate |
$875,000* |
| Cash Flow |
$165,000 | Year Established | 2005 |
| FF&E |
$73,000* | Employees | 16 |
* included in the asking price
** not included in the asking price
Restaurant and bar. High gross with profits driven by high-margin bar business. Summertime outdoor dining. Much parking near busy intersection. Price includes appraised real estate of $875,000. Price recently reduce 30% and now very competively priced for asset play and investment return.
Facilities: Two story Italian restaurant with outdoor bar and dining area. Curving cocktail bar is spectacular with dark wood and free-flowing environment. Over 8,000 above grade and another 3,000 sq. ft. below grade. 268 seats inside plus 150 more outside. Big and busy.
Competition: This is the highest grossing restaurant within five miles.
Growth/Expansion: Target major local corporate accounts.
Financing: Some seller financing for credit worthy buyer
Support/Training: Three weeks or as required
Reason Selling: New career direction offshore.

Robert Flynn
4017440320
United Brokers Group
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