Retail - Restaurants | Retail - Miscellaneous Retail

Asking Price	$69,500	Inventory	$1,000*
Gross Income	$128,000	Real Estate
Cash Flow	Not Disclosed	Year Established	1
FF&E	$35,000*	Employees	5 Part-Time

* included in the asking price

** not included in the asking price

This treasure in Portage Lakes in the #1 rated Tea Room in Ohio, and the only Tea room in Ohio to be in the top 100 In the USA. Fresh made cuisine prepared by the in-house chef assures high quality & low food costs (less than 26%). Seats 92 comfortably, has an integrated gift shop featuring Collectibles & Antiques to browse through, all set in a delightful "Old South" atmosphere. The hard work has already been done for you. Now it's time for you to have fun & enjoy the growing number of loyal patrons who come to this fine establishment. Visit website for pictures & more info at www.southerngardenstearoom.com

Facilities: This Tea Room/Party Center seats 92 comfortably in the 3200 sq.ft. facility with a well equipped kitchen. There also is a 3200 sq.ft. basement. There is a 3 year assumable lease. Rent is $1600/mo with two months free move in allowance. The business also houses a gift shop featuring collectibles & antiques. There are 120 spaces to park cars.

Competition: Nearest competition is over 20 miles away. This business was voted the #1 Tea Room in Ohio and in the top 100 in the USA, some accomplishment!

Growth/Expansion: There is great potential for growth and expansion as a party center and expanding their existing catering. They already cater weddings & parties and have bookings through December '09. Current hours are Monday-Saturday 11am-4pm with Sundays as a booking day.

Support/Training: Seller will stay to train as needed, and several key employees will stay on as well

Reason Selling: Owner is moving Back to Georgia to take care of business interests