Asking Price: $265,000

Gross Revenue: $1,000,000

Gross Revenue Comments: 40% increase over prior year

Inventory: $30,000 (Not Included in Asking Price)

FF&E: $70,000 (Included in Asking Price)

Real Estate: $630,000 (Not Included in Asking Price)

Completely renovated in 2004, this facility seats 142 in the restaurant/bar and 400 in the banquet room. Sales for 2007 were up 40% from 2006 and a new major chain has a hotel under construction right next door(and it doesn't have a restaurant!!). This has great visibility and easy access from a major interstate highway with plentiful parking. The one year old banquet room has a separate entrance and is booking up fast.

Year Established: 1980

Employees: 6 full time - 34 part time

Facilities: 10500 sq.ft. with adjoining banquet room. Kitchen is fully equipped to handle up to 400 in the banquet room. Main restaurant fully renovated in 2004 and the banquet room is new last year.

Market Outlook and Competition: With addition of the new major brand hotel under construction next door (which has no restaurant) growth should be extraordinary. As it is, sales were up 40% over prior year

Management Training and Support: will provide a reasonable training/transition period

Reason For Selling: Death of the "key man"