Description of the business for sale
Originally priced at $425,000.00 Seller is very motivated. Exciting, vibrant, restaurant concept on West side of thriving community 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.
GROWTH: New owners can easily expand hours to increase sales. Restaurant situated on $3,000,000.00 newly constructed in 2004 lakeside development with parks and boating dock.
COMPETITION: Very strong location with only restaurant space of its kind on west side of fast developing community. Restaurant is easily converted to many concepts. Price includes Trade name and proprietary recipes.
ADDITIONAL FINANCIAL INFORMATION:
• Financing: New Financing SBA Assumable $95K.
• Inventory: $5,000.
• FF&E: $50,000.
REASONS FOR SELLING: Other interests in hospitality field.
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Support / Training provided by seller
30 days for new owners
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Description of the facilities
3,055 sq ft, $4,367/mo + CAM $911/mo until 1/31/09 (2) 5 yrs options w/options to buy property.
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