 Eden
Lake Lounge |
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Report Date: |
7/31/2008 |
Office Id# |
401483 |
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Primary
Category: |
Restaurant/Lounge |
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Financial
Information |
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Asking: |
$499,000 |
Gross: |
$ 250-300K |
Cash Flow: |
$ N/A |
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Furniture, Fixtures &
Equipment: |
$ 120,000 |
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Inventory: |
$ 10,000 (not included in
sale price) |
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Real Estate: |
$ 400,000
Included in sale price |
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Financing: |
New
Financing, make offer |
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Summary
Description:
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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 Eden
Lake. |
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General
Information: |
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Facilities: |
6,050 sq ft main floor with
additional 2,200 sq ft lower
level lounge |
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Competition: |
Only full service banquet
center in the area. This
sought after facility is the
nicest around and could be
booked every weekend. |
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Growth &
Expansion: |
The present owner has not
had time to fully develop
the banquet and wedding
business with the lower
level lounge now completed
(2007). There can be both
banquets and regular dining
at the same time. Docks
could be put out on the
shoreline for boater with
over 280’ of shoreline. |
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Support /
Training: |
30 days for new owners. |
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Reason
Selling: |
Family reasons |
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Contact
information: |
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Contact:
Jerry Vlaminck |
Phone:
763.972.9077 OR 763-972-9080
Fax |
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Email:
hospitalityserv@frontiernet.net |
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Prospect Contact Options:
Require prospect's
name
Require prospect's
telephone number
Ask for prospect's
available funds
Ask for prospect's
time frame
Require prospect
submit standard
Confidentiality Agreement |
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