Asking Price: $159,900

Gross Revenue: $540,000

Gross Revenue Comments: 10%-Bk, 60%-lunch, 30%-dinner

Cash Flow: $144,000

Cash Flow Comments: Partners work 100+/-hrs. a week

Inventory: $4,000 (Included in Asking Price)

FF&E: $500,000 (Included in Asking Price)

This excellent and established restaurant is well located in one of Troy's finest residential and commercial areas. This restaraunt has top fo the line furnishing and shows very well-looks almost new! The price has been reduced to the sales price - it will validate, and it is an excellent value at a little over 1x's net income.

Year Established: 2001

Employees: 3 full time - 13 part time

Facilities: 3000 sq. ft.+ seating 90 inside and 20 on an outside patio.It's located in a center anchored by a leading national retailer and other food and beverage concepts-great synergy. You could not duplicate this location for under $500,000-you be the judge.Shows great!

Market Outlook and Competition: Market outlook is good,as this location serves the local business lunch market and residential customers for dinner and weekends Hours could be extended if new owner wanted to stay open later, The menu pricing is fair and their service is excellent, the catering side of the business is doing a steady $3000 a month with repeat customers and could be expanded.

Management Training and Support: Seller will provide 2 weeks to acquaint with operations,and the customers. Servers would likely stay depending on new owner, the cooks will probably leave with owners.Inventory is approximate,there will be no adjustments at closing.-but its included !!

Reason For Selling: Another opportunity on the other side of town -no compete concerns for a new owner. This is a very successful operation,and will verify !!!l.