Retail - Restaurants | Retail - Other Eating & Drinking Places

Asking Price	$615,000	Inventory	$25,000**
Gross Income	$1,600,457	Real Estate
Cash Flow	$234,419	Year Established	1982
FF&E	$200,000-250,000*	Employees	20

* included in the asking price

** not included in the asking price

This fast casual restaurant is a landmark in the Scottsdale area and has been in the same location since its founding in 1982. The restaurant s fare is essentially breakfast, lunch and early dinner featuring fresh soups, salads, sandwiches and a variety of baked goods. Open seven days a week the restaurant serves between the hours of 7 am to 6 pm, Monday through Saturday, and from 8 am to 5 pm on Sunday. Customers are mainly drawn from the surrounding area and consist of residents, tourists, professionals and casual shoppers. Approximately, eighty-five percent of the revenue is generated via in-house dining with the balance takeout including a small amount of catering. Food is value priced with sandwiches priced at $7.25, salads around $9.00 and grilled foods in the $7.00 to $9.00 range. Average check size is $12 to $14.

Facilities: 4,913 sq ft. Completly furnished - Patio dining - Ample parking - Leased facilities (current lease exp. 12/31/12) Easy access

Competition: Area served incl. mid-upper market demographics - Area competition incl. mostly chains

Growth/Expansion: Catering could be expanded

Financing: Estate Sale - Must Be Cash At Closing

Support/Training: 30 Days incl in price

Reason Selling: Estate Sale - Owner Deceased