Retail - Restaurants

Asking Price	$675,000	Inventory	$8,000**
Gross Income	$623,002	Real Estate	$400,000**
Cash Flow	$2,006	Year Established	1975
FF&E	$140,000*	Employees	8ft/26pt

* included in the asking price

** not included in the asking price

Locally famous family restaurant with great brand recognition and repeat customers only 1 hour west of the metro. Restaurant seats 150 with a private banquet room for parties up to 40 people. New kitchen was put in 3 years ago, with all new equipment. Restaurant is seated very near the crossroads of two major highways.

Facilities: 6,000 sq ft on 5 acres

Competition: Community has been known as a dry city with no liquor licenses. However, community has just opened its first municipal liquor store and a liquor license can be applied for.

Growth/Expansion: Catering sales are at 10% of sales and growing. Also, to go sales are on the increase. Liquor sales could be added for additional revenue. Additional banquet space could be added for weddings.

Support/Training: 30 days for new owner.

Reason Selling: Relocating