Retail - Restaurants | Retail - Bars/Taverns

Asking Price	$890,000	Inventory	$46,000 +/-**
Gross Income	$800,000*	Real Estate	$844,000*
Cash Flow	Not Disclosed	Year Established	1989
FF&E	$100,000 +*	Employees	9

* included in the asking price

** not included in the asking price

Good 10 yr. Gross - 50,000 Cars Pass Daily

This turn key restaurant operated by the same owner for more than 10 years can be run profitably exactly as it is now, or it offers unlimited possibilities with relatively inexpensive renovation to make any alteration to personalize the operation exactly as you desire. The location is on Suncoast Highway, (Highway 19) in beautiful Homosassa Springs, Fl. on the Nature Coast a short boat ride to the Gulf of Mexico. Passing directly in front of the property are approximately 50,000 vehicles daily. A large digitized in front of the property alerts the traveler to your restaurant and specials you may be offering. Another wonderful client builder is the Homosassa Springs Wildlife State Park located directly across from the restaurant where more than 1000 people daily take nature trips down the Homosassa River and play with the manatees. Within yards of a Walmart, McDonalds, CVS, Walgreens, Burger King, and Hardees, the demographics have been researched by the best. The owner has invested $50,000 to connect to the city sewer and water system. In addition, a $200,000 county impact fee has been paid, and a new owner would receive a credit for that amount. The building could be razed, and if a new structure were built of approximately the same footprint, they would receive the credit. Smaller nearby parcels have sold recently for more than 1.2 million. All types of financing options are possible, including the possibility of some owner financing. For more photos and information please go to DewittWeb.com

Facilities: Property Size .82 - acres Parking Capacity - 52 onsite, more at night. Seating Capacity - 200 plus Large Kitchen - 1600 sq. ft. Freezers/Coolers - 6 Banquet Room - Yes Liquor License - Yes - FOR MORE INFO GO TO DeWittWeb.com

Competition: Best location in town. No comparable restaurants nearby. Recently added a breakfast menu, and a game room in the lounge. Over 50,000 vehicles pass each day, and the digital sign included with the property is a customer attention grabber. Loyal local customer base and many tourists. Listed elsewhere at $950,000, a BIZBUYSELL PRICE REDUCTION TO $890,000 is offered if the sale is closed on or before 08/15/2008. *The gross sales figure represents a good year, and the addition of breakfast and a game room in the lounge bodes well to a good future.

Growth/Expansion: Easily converible to a full night club, loung, sports bar, etc. With the land sale price being below market, even demolition and an entirely new type of business could be built. $200,000 impact fee credit, $50,000 recently invested in county water/sewer hookup.

Financing: $300,000 Down, Balance Financed By Owner*, Or Submit Your Ideas.

Support/Training: Consultation and training is an option and negotiable with current owner. Very creative financing options available, or propose your idea. *Owner may finance with as low of a down payment of $300,000 to a highy qualified prospect.

Reason Selling: Going to retire and go fishing.