Asking Price: $59,500

Gross Revenue: $256,000

Cash Flow: $42,500

Inventory: $2,500 (Included in Asking Price)

FF&E: $150,000 (Included in Asking Price)

Seller Financing: With an acceptable down payment the Seller will carry the balance of the purchase price.

Recently opened restaurant that has established itself quickly and gathered considerable attention with over 250k in sales the first 12 months of operation. Great location at the corner of a very busy boulevard intersection, professional layout and upscale decor, and a very efficient and well-equipped kitchen insure the continued success and growth of this exemplary start-up that has been affordably priced offering. The business opeaates from an approximate 1,300 square foot premises with an excellent location at a very busy boulevard intersection. The unscale dining room with granite table tops and hardwood chairs and game area are very attractive features. The kitchen is designed with both a separate walk-in refigerator and freezer, large conveyor pizza oven for efficient line production, and large food storage and prep area. The business is part of a nationally recognized franchised operation in its 35th year with over 265 locations. Unbelievably, the franchise contract does no require the normal excessive 6%-8% gross revenue royalty payments. The only cost to the franchisor is an affordable flat $300 per month license fee to maintain the trade name and excellent corporate support that is offered to insure your continued success. The business is open 7 days a week with slightly varied hours, generally from 11 a.m. until 10 p.m. The business offers a first time operator a proven and profitable franchise operation with management support at an affordable price and little risk of capital. The Seller had no previous food and beverage experience prior to opening this restaurant. The owner is absentee and has not worked at the location. A review of the business financials reveal that the current payroll expense in in excess of 50% of the total gross sales. Most similar restaurants operate in the 25%-30% range. An appropriate adjustment would provide for an immediate additional $30,000 in owners earnings without any increase in gross sales. A targeted marketing and advertising effort is also needed and should produce exemplary results. With an acceptable down payment the Seller will carry the balance of the purchase price. The Seller has two different businesses and has chosen to focus on his other interests.

Year Established: 2006

Employees: 1 full time - 7 part time

Facilities: The business opeaates from an approximate 1,300 square foot premises with an excellent location at a very busy boulevard intersection. The unscale dining room with granite table tops and hardwood chairs and game area are very attractive features. The kitchen is designed with both a separate walk-in refigerator and freezer, large conveyor pizza oven for efficient line production, and large food storage and prep area.

Market Outlook and Competition: The business offers a first time operator a proven and profitable franchise operation with management support at an affordable price and little risk of capital. The Seller had no previous food and beverage experience prior to opening this restaurant. The owner is absentee and has not worked at the location. A review of the business financials reveal that the current payroll expense in in excess of 50% of the total gross sales. Most similar restaurants operate in the 25%-30% range. An appropriate adjustment would provide for an immediate additional $30,000 in owners earnings without any increase in gross sales. A targeted marketing and advertising effort is also needed and should produce exemplary results.

Management Training and Support: Owner will provide orientation and training included in the purchase price.

Reason For Selling: The Seller has two different businesses and has chosen to focus on his other interests.