Asking Price: $150,000

Gross Revenue: $325,056

Gross Revenue Comments: 43% gross revenue increase for 2006 over 2005

Cash Flow: $31,737

Cash Flow Comments: includes owners time ROI & rent

Inventory: $5,000 (Not Included in Asking Price)

FF&E: $45,000 (Included in Asking Price)

Real Estate: $325,000 (Not Included in Asking Price)

Seller Financing: Business terms: Terms as are acceptable to seller: $50,000 down plus inventory. Balance of $100,000 payable @ $1,161 or more (at makers option) to include 7% annual interest on the declining monthly principal balance until paid in full. Real estate terms: Terms acceptable to Seller: $75,000 down, balance of $250,000 payable to $1,800 or more (at makers option) to include 7% annual interest on the declining monthly principal interest until the 121st payment when the entire balance is due and payable. Balance secured by a Deed of Trust and evidenced by a promissory note and personally guaranteed by purchaser

This restaurant-lounge serves breakfast, lunch and dinner to an established local small town clientele as well as visitors touring Washington State and the Olympic Peninsula. Home–style quality food served in a dining area seating approximately 60; open daily 7-7; the bar is open form 12 noon – 2 AM M- Sat and Sunday until 11PM. Live music and dancing every other weekend with karaoke on the opposite weekends. Building is approximately 4,500 sq ft and can be purchased with terms or leased with option to buy @ $2,250 monthly rent. Current owners work a combined 40 hours per week. Freeway signage on Hwy, both east and west to be installed this summer. In addition to serving liquor the business has 2 owned pool tables and 18 pull-tabs: ‘fish bowls’.

Year Established: 2004

Employees: 4 full time - 8 part time

Facilities: 4,500 sq ft approximately. Hood & Grill. New roof in 2005. Ample parking. Seating for approximately 60 in the dining area and 45 in the lounge, plus a stage and sound system.

Market Outlook and Competition: New housing development in this rural community. 30 minutes from large metropolitan city. 5 minutes from secondary freeway / highway. Ideal for experienced family operator liking outdoors recreation and related activities. Good core business with repeat customers and w/e visitors. Only restaurant lounge in community.

Management Training and Support: Sellers willing to train for a limited period of time from date of closing at no additional cost to buyer

Reason For Selling: Retiring to pursue other personal opportunities