Retail - Restaurants | Retail - Bars/Taverns

$Seller Financing Available

Asking Price	$1,590,000	Inventory
Gross Income	$1,300,000	Real Estate	$1,850,000*
Cash Flow	Not Disclosed	Year Established	2008
FF&E	$400,000*	Employees	20+

* included in the asking price

** not included in the asking price

You must see this location to appreciate the quality construction and beauty of the building, now consider that as a startup business it has sales of nearly $1.3 million in the first year! A roomy, well decorated bar area is the anchor for the daily restaurant business but also works as a stand-alone bar after the dining room has closed for the evening by offering a popular late night menu. Sales numbers include the up and coming special event bookings that are increasing as the location becomes known for quality food and service. The business went into receivership. Sales remain strong, must sell!

Facilities: 10,000 sq ft building built in 2006, renovated/redecorated in 2008 included in the sales price.

Competition: Quality dining in the dining room for lunch, dinner and Brunch on Sundays and the banquet/special events portion of the business offers the only affordable site that can accommodate such events in the area.

Growth/Expansion: The most important and most lucrative portion of the business is the special events/banquet aspect. The current web site and internet marketing program are proving to be quite successful in attracting clients. Persistence and time/saturation of the market are already showing dividends and will continue into the future.

Seller Financing Available: Yes

Financing: The bank will consider financing for a strong buyer

Support/Training: Will train as needed

Reason Selling: The business went into receivership