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Asking Price:	$149,000 USD USA Dollars
Business for Sale Industry:	Food & Beverage: Restaurants, Fast Food, Deli
Reason for Selling:	Relocating out of state.
Year Established:	1986
# of Employees:	6 to 8
Yearly Revenues:	$312,000
Yearly Gross Income:	$312,000

Business for Sale Overview:

Just reduced! This charming landmark eatery is in a gorgeous setting right in the heart of a restored downtown area in old historic Melbourne, just off the intracoastal waterway. The area draws visitors from three surrounding counties and is a focal point for shopping, art shows and street festivals for both locals and visitors. The restaurant is an ideal site for many different food venues from casual dining to haute cuisine. There is a very quaint, full liquor bar and different dining areas which make it easy to serve private parties. Outside seating is underneath a canopy of oaks. Live entertainment is offered 2 to 3 nights a week. The restaurant currently offers lunch and dinner. It would be extremely difficult to replicate both the ambiance and setting of this very exceptional facility. A great value at this price.

Property Features and Assets:

Just under 4,000 square foot facility with space for 200 seasts inside and additonal seating outside. Excellent rent structure. Three & one-half year lease which can be extended. Substantial electrical and other upgrades have been made. Sale includes an equipment package estimated at $95,000.

Market Competition and Expansion:

Location, location, location! The restaurant is located in the heart of a downtown shopping area with built-in traffic.

Additional Details:

• The property is leased.
• 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.