Retail - Restaurants | Retail - Bars/Taverns

Asking Price	$499,000	Inventory	$10,000**
Gross Income	$275,000	Real Estate	$400,000*
Cash Flow	Not Disclosed	Year Established	1973
FF&E	$120,000*	Employees	12 pt

* included in the asking price

** not included in the asking price

Lakeshore Restaurant/Banquet Ctr

Family reasons force liquidation price.....bring all offers. Newly remodeled restaurant/lounge with banquet facilities for up to 350 people. Lower level walkout lounge seats 75. The kitchen is well equipped and laid out including convection ovens, range, 3 fryers and flat top grill, facility has extensively remodeled with new HVAC. New steel siding, new carpet and bar tops. The facility shows beautifully and has unbeatable views of Lake.

Facilities: 6,050 sq ft main floor 2,200 sq ft lower level lounge 280' of shoreline on Lake

Competition: Only full service banquet center in the area. This sought after facility is the nicest around and could be booked every weekend.

Growth/Expansion: The present owner has not had time to fully develop the banquet and wedding business with the lower level lounge nowcompleted (2007). There can be both banquets and regular dining at the same time. Docks could be put out on the shoreline for boaters with over 280 of shoreline.

Financing: New Financing, Make offer.

Support/Training: 2 - 4 weeks training for new owners

Reason Selling: Family reasons