| Restaurant with huge selection of Craft Beer

Restaurant with huge selection of Craft Beer

Reason for Sale	:	Other Business Interests
General Location	:	S.W. Florida
Organization Type	:	Partnership Hours Owner Works: 0
	:	Years Established: 201 Years Owned: 8 Emp FT: 18 Emp PT: 0 Mgrs: 3
Non Compete	:	Miles: 3 Years: 100 Weeks Training: 2 Cost: $0
Operating dys/hrs	:	M-S 11am-Midnight
Skills/Licenses	:	beer/wine license
Business	:	Is Relocatable: N Is Home Based: N Is a Franchise: Y Is Lender P/Q: Y Should Qualify For Visa: Y

Data Source	P/L Statement	P/L Statement	P/L Statement
Year (Cash Flow)	2018 (N)	2017 (N)	2016 (N)
Gross Revenue	1,119,162	1,269,182	1,432,933
Cost of Goods	343,982	361,883	427,299
Gross Profit	775,180	907,299	1,005,634
Expenses	740,022	773,940	839,152
Net	35,158	133,359	166,482
Owner Salary	0	0	0
Benefits	138,962	151,523	179,059
Interest Expense	23,883	40,445	14,563
Depreciation	54,306	55,228	53,763
Other	0	934	1,426
Owner Benefit	252,309	381,489	415,293

Accounts Rec	0	N*	Real Estate	0	N*
Inventory	30,383	Y*	___________	0	N*
F F & E	50,000	Y*	Total Assets	414,520	Y*
Leasehold	334,137	Y*
*Included?

Lease/Month: 7600

Square Footage: 1654

Building Type: Shopping Center

Terms & Options: New long-term lease avail

Expiration Date: 8/6/2021

Loan/Assumable	- Amt:	0 Mos:	0 Rate:	0.00 Mo Pmt:	0.00
Loan/Seller	- Amt:	0 Mos:	0 Rate:	0.00 Mo Pmt:	0.00
Loan/Other	- Amt:	600,000 Mos:	120 Rate:	7.75 Mo Pmt:	7,200.64

JOSEPH ALTER	Office	:	(239) 849-9334
BROKER	Fax	:	(866) 985-8735
	Home	:	(239) 849-9334
SUNBELT BUSINESS BROKERS NAPLES & FT MYERS	Cell	:	(239) 849-9334

3510 KRAFT ROAD
NAPLES, FLORIDA 34109	Email	:	[email protected]
USA	Home Page	:	www.sunbeltnetwork.com/naples-fl

Pretzel

Background information

Reference:

NAPFL001-N48

Finance

Sales:

$1,119,162

Profits:

$310,742

Profit type:

Discretionary Earnings

Price and terms

Price:

$500,000

Down payment:

$150,000