Asking Price: $74,500

Gross Revenue: $252,000

Cash Flow: $51,000

Inventory: $6,000 (Included in Asking Price)

FF&E: $20,000 (Included in Asking Price)

Seller Financing: Cash or Seller will carry a portion of the purchase price to a creditworthy Buyer

This restaurant is special and unique with a prime waterfront location. This offering would make a perfect introduction to the food and beverage industry for the first-time buyer with low risk and a turn-key operation. The restaurant is located directly on the waterfront adjacent to the small boat marina. The 1,200 square foot premises consists of a nautical-themed dining room, espresso and wine bar, kitchen and large storage area. Outside patio seating and dining is also available during favorable conditions. The business is open daily from 8:00 a.m. until 10:00 p.m. The restaurant serves morning breakfast dishes and expresso coffee drinks, sandwiches and salads for lunch, and unique dishes including a three-course fondue dinner for evening diners. Catering is also a substantial source of revenues. The business has a prime location for growth with substantial nearby commercial development in progress. Seller has other business interests. Seller will provide orientation and training included in the purchase price.

Year Established: 2004

Employees: 1 full time - 3 part time

Facilities: The restaurant is located directly on the waterfront adjacent to the small boat marina. The 1,200 square foot premises consists of a nautical-themed dining room, espresso and wine bar, kitchen and large storage area. Outside patio seating and dining is also available during favorable conditions.

Market Outlook and Competition: The restaurant serves morning breakfast dishes and expresso coffee drinks, sandwiches and salads for lunch, and unique dishes including a three-course fondue dinner for evening diners. Catering is also a substantial source of revenues. The business has a prime location for growth with substantial nearby commercial development in progress.

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

Reason For Selling: Seller has other business interests.