Retail - Restaurants | Retail - Bars/Taverns

Asking Price	$389,000	Inventory
Gross Income	$684,000	Real Estate	$475,000**
Cash Flow	Not Disclosed	Year Established	1941
FF&E	N/A	Employees	6

* included in the asking price

** not included in the asking price

This italian restaurant located in the lehigh valley has been a part of the Easton community for over 65 years. Sales in 2008 are already up over $16,000 in the first 4 months compared to the same period of 2007. The 2008 projection for revenues is over $735,000. The restaurant seats 60-70 people, has a recently renovated bar, and features live entertainment. The restaurant draws customers from the locals, the nearby college, and Philipsburg, NJ - located just over the bridge. A full menu includes pasta dishes, hot & cold subs, a variety of pizzas and salads. Restaurant caters to both families and also features a late-night bar. The restaurant is offered at $389,000 and the liquor license is $150,000. The historic, renovated building is offered for $475,000. The owner's bank will finance the purchase of the building for a qualified buyer.

Facilities: Historice building with a recently renovated bar and dining room. Space is roughly 2,900 sq. ft. with an upstairs that includes an office and a space suitable for an apartment. The restaurant seats 60-70 people, has centrail air, and an indoor/outdoor sound system. In the warmer months the restaurnat has outdoor seating.

Competition: Hard to beat a restaurant that has been an integral part of a community for over 65 years. Multiple generations of locals have celebrated in this restaurant.

Growth/Expansion: A large opportunity to grow through home delivery. You may also want to consider adding a Sunday brunch.

Financing: Seller's bank will finance purchase of building for qualified buyer

Support/Training: Transitional support & training for 1-2 weeks is included in the price.

Reason Selling: Partnership dissolution