Retail - Restaurants | Retail - Bars/Taverns

Asking Price	$799,000	Inventory	$10,000*
Gross Income	$650,000	Real Estate	$550,000*
Cash Flow	$195,000	Year Established	1988
FF&E	$250,000*	Employees	24

* included in the asking price

** not included in the asking price

A truly southern tavern with over twenty years of solid success and proven cash flow. This business has a wonderful facility with over 4500 square feet of operating capacity inside with a huge outdoor deck and a 1/2 acre back yard used for Volleyball, and other outdoor events. The restaurant has a very rustic decor for the seperate bar and a charming southern decor for the restaurant portion. This business has three day parts and sales are growing in all three periods. The equipment is in excellent condition and is capable of generating a large volume of food and drink. This business is a favorite for many northerners that come south to boat, golf and retire. Nearby a huge new industrial development will employ 5000 new workers and as a result many new housing developments are under construction all of which will continue to drive revenue and cash flow.

Facilities: This facility is located on nearly two acres and has a restaurant facility with 4500 square feet of space and it is totally equipped for this type of operation.

Competition: This market is growing with a very large new industrial development wth an accompanying new influx of housing developments. There is very little competition for this established business near the lake.

Growth/Expansion: This business will grow dramatically upon the completion of the new industrial complex nearby, as well as the influx of new homeowners entering the area.

Financing: Seller will entertain some financing for a qualified operator.

Support/Training: Seller will train for a 90 day period.

Reason Selling: Seller is retiring after 20 years in the business.