Retail - Restaurants | Retail - Other Eating & Drinking Places

Asking Price	$255,000	Inventory	$3,000**
Gross Income	$471,000	Real Estate
Cash Flow	$61,000	Year Established	2004
FF&E	$85,000*	Employees	3ft, 9pt

* included in the asking price

** not included in the asking price

This well-known casual dining restaurant is the most recent opened by the Seller with the same concept and theme that has been successful for years in this Northern Colorado city. The 1,600 square foot restaurant, plus patio is already close to $500,000 per year in revenues in less than 5 years! Located in the heart of the office and retail business district of this city, it is a popular place for both lunch & dinner. The fresh servings, warm atmosphere and great customer service have made this restaurant a favorite dining option for business meetings or get togethers with friends and family. Currently, it is operated by a manager while the Seller focuses his time & energies on his other restaurant. Without the manager, the Buyer can add another $25,000 per year to the cash flow! Seller desires to sell this profitable business to a dedicated owner/operator in a license agreement arrangement, which is included in the purchase price. This is not a franchise and there are no on-going royalties or franchise fees. The hard work of starting the business and building the quality concept and name is complete. The opportunity for an on-site owner operator to take advantage of what has already been accomplished and to take this casual dining restaurant to the next level is tremendous!

Facilities: Located in a thriving shopping center in the heart of the retail & office business district of this Northern Colorado city. High traffic volumes with good visible signage. The 1,600 square foot lease space, plus a patio and all of the furniture, fixtures, equipment and leasehold improvements are less than 5 years old. Excellent lease terms with options.

Competition: This restaurant has created a taste and a following of its own over the years! The fresh food and casual atmosphere cannot be matched!

Growth/Expansion: This is the most recent restaurant opened under the same concept and theme by a dedicated local restaurant owner. The Seller has built it with the same fresh quality food and excellent customer service that has enabled the first restaurant to continue to suceed and grow for years. However, since the owner cannot be in both restaurants at the same time, a good owner/operator will enable this one to grow much more because of the name, reputation and location.

Financing: Cash or 3rd Party Financing

Support/Training: Seller will train Buyer for a period of 30 days. Following the 30 day training period, Seller will still be available for questions and consultation.

Reason Selling: Currently absentee operated - Owner/operator could create higher profitability.