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Asking Price:	$249000 USD USA Dollars
Business for Sale Industry:	Food & Beverage: Bars, Clubs, Nightspots
Reason for Selling:	Other interests in Hospitality Field
Year Established:	1996
# of Employees:	15
Yearly Revenues:	$795,049
Yearly Cash Flow:	$169,474

Business for Sale Overview:

Exciting, vibrant, restaurant concept on West side of town with incredible views. Highly profitable operation with very limited hours in professionally designed commercial/residential condominium complex. Attractive lease with option to purchase real estate. Seller is very motivated. Price has been reduced $176,000...OWNER WANTS ACTION.

Property Features and Assets:

3,055 square feet Lease: $4,367.00 per month plus CAM $911 per month until 1/31/2009, (2) 5 year options with option to buy the property.

Market Competition and Expansion:

New owners can easily expand hours to increase sales. Italian Restaurant is situated on $3,000,000.00 newly constructed in 2004 lakeside development with parks and boating dock. Very strong location with only restaurant space of its kind on west side of fast developing community. Restaurant could easily be converted to many concepts.

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.