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Asking Price:	$549,000 USD USA Dollars
Business for Sale Industry:	Food & Beverage: Restaurants, Fast Food, Deli
Reason for Selling:	Retirement
Yearly Cash Flow:	$152,000
Yearly Gross Income:	$155,451

Business for Sale Overview:

Take advantage of what the current owners have built up in quality and reputation. This cozy family restaurant and bar is located in a residential area, with several vacation resorts nearby. This full service restaurant and bar can be operated as is or converted into a quaint B and B. Once the industrial park is completed, the number of patrons will increase. It is in an excellent location with several growth options including the adjoining building and property which is also available

Property Features and Assets:

2 story building with seating for 230 patrons in a 4,500 sq ft restaurant. There are bedrooms upstairs, and an additional 1,500 sq ft storage in the basement, situated on a corner lot with 2.6 acres.

Market Competition and Expansion:

Many potential avenues for expansion include extending hours from the current 5 days a week, 4 hours a day; converting this to a B and B; adding an outdoor pool; remodeling the storage area into a banquet room. There is an industrial park being built about 1 mile away which will add to the client base. The land and bldg of the adjacent property is also on the market.

Additional Details:

• The property is owned.
• The owner is willing to train/assist the new owner.
• The owner is not willing to work for the new owner.
• This is not a homebased business opportunity.
• This is not a franchise resale opportunity.
• This is not a distressed business or bankruptcy situation.