Retail - Restaurants | Retail - Other Eating & Drinking Places

Asking Price	$159,900	Inventory	$3-5k*
Gross Income	$540,000	Real Estate
Cash Flow	$144,000	Year Established	2001
FF&E	$500,000*	Employees	3ft -13 p.t.

* included in the asking price

** not included in the asking price

This excellent established restaurant , well located in one of Oakland county's finest commercial and residential areas ,has become available due to another opportunity that has presented itself to the owners of this great looking family restaurant. The excellent net is due to the owners each working between 55-60 hours a week themselves, and extensive management experience.Their new opportunity is on the other side of town and well out of the trade area of this site.The furnishings and equipment are first class and provide a very comfortable enviroment for the customers and personnel .The outside patio highlights dining in the spring and summer months. The present owners have increased the business during their ownership by establishing new hours of operation and some new menu items.Simpy stated - You must see to appreciate ! This offering is highly confidential,so interested parties will need to sign a confidentiality agreement before receiving any further information.Thank you in advance for your cooperation on this matter.

Facilities: This 3000+ square foot restaurant seats 90 inside +20 outside and shows VERY WELL!. F.F.&E is first class, and would cost in the neighborhood of $500,000 to duplicate. The restaurant was established in 2001 and has been well maintained-looks almost new....but you be the judge! Located in a center with a leading national retailer as an anchor .Other food and beverage concepts in the center compliment this full service family restaurant. Plenty of convenient parling is available.,with customer pick up and drop off right in front.of the restaurant.

Competition: There is some competition, but this restaurant has been established as a favorite for local residents and businessmen for it's quality , excellent service, and fair value pricing ..If you are a serious Buyer you have to look at this Restaurant. Serious and Experienced operators will recognize the extraordinary value at first viewing.

Growth/Expansion: The catering portion of the business could be expanded , a solid repeat customer base already exists generating about $3000 in business a month. Present Gross is 10%Breakfast; 60%Lunch and 30%Dinner.Breakfast and Dinners could be increased with promotion. 5

Support/Training: Seller will provide 2 weeks to acquaint the buyer with the operation and the customers.The buyer should have restaurant operation experience.

Reason Selling: Another opportunity out of area ready now.