| Asking Price |
$350,000 | Inventory |
$5,000** |
|---|---|---|---|
| Gross Income |
$500,000 | Real Estate |
|
| Cash Flow |
$58,500 | Year Established | 21 |
| FF&E |
$100,000* | Employees | 4 |
* included in the asking price
** not included in the asking price
This well established business is located in the heart of the central business district 4 blocks from the White House on a heavely traveled street. There are six hotels in the immediate area, office and high rise residential buildings provides heavy foot traffic. Restaurant operates 5 1/2 days a week 8am - 8 pm and a half day Saturday. The bar operates seven days a week from 11 am to 2 am and on Saturday to 3 am. The business is permited for 140 customers.
Facilities: 3000 Sf $10,000 p/mo lease expiring in 12/2013. Three floors with basement. Seperate enterance for restaurant and bar. Has three bars on 1st, 2nd and 3rd floors
Competition: Some competition.
Growth/Expansion: Add delivery for carryout items
Financing: Some to a qualified buyer
Support/Training: Will provide 2 weeks on site and two weeks on call
Reason Selling: Retiring

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