Asking Price: $600,000

Gross Revenue: $918,046

Cash Flow: $163,513

Inventory: $10,000 (Not Included in Asking Price)

FF&E: $125,000 (Included in Asking Price)

Real Estate: $900,000 (Not Included in Asking Price)

Seller Financing: All cash or terms as are acceptable to seller

This business has been an established neighborhood gathering place for over 30 years. Serving a limited menu but with a wide variety of liquor and beer, this operation provides a home away from home for many regular customers. Seating for 160 patrons in a building of approximately 4,185 sq ft. There is plenty of parking on almost ½ acre of real estate. Conveniently located near a secondary freeway and is embedded in a middle to upper middle class working neighborhood. Clientele is a cross–section of the community attracting different patrons during the early morning, afternoon as well as evenings and weekends. Pull-tabs, pool tables, games, karaoke, and televised sports greet customers as they enter the facility. There are 10 employees including the two owners. Hours of operation are from 7 AM until 2 AM daily. The ‘kitchen’ is open from 7 AM until 12 Midnight and has a limited menu after 5PM.

Year Established: 1975

Employees: 7 full time - 3 part time

Facilities: Approximately 4,185 sq ft, apple parking on almost a 1/2 acre of real estate

Market Outlook and Competition: There are other eateries in the community, though this business has been established and is a well known and supported neighborhood restaurant. Located on main thoroughfare with good visibility.

Management Training and Support: Seller willing to assist in transition for a limited period of time from date of closing at no additional cost to buyer

Reason For Selling: Retiring to pursue other family and personal interests