· Stable customer base, consistent sales and above average profits

· Established local landmark in active traffic location

· Essentially new, attractive, bungalow style building

· The area's premier fine dining. Site with inviting, classic ambience that offers quality fare at an honest price

· Mountain country lifestyle, summer woods and winter skiing offers real quality for an active, outdoors person

· Experienced, stable, loyal and dedicated workforce

· Potential for expanded hours and promotion

· Alternatively, a summer only, go south in winter business, or a chef's "starter" business

FINANCIAL: Sales have been consistent at $ 275,000 for recent years, and Gross Profit margins, with the owner in the kitchen, have been in the 45% range. Owner's casH flow has been above $ 100,000 prior to financial costs, taxes, etc. Assets include the real estate (appraised at $210 k), and turnkey equipment to operate the restaurant. A significantly cash business, there are only modest working capital needs. There is stable profitability that offers above average ROE.

OPPORTUNITY FOR GROWTH: The business is stable, with superior cash based profit and sales. The demographics, location, business size and lifestyle amenities are all favorable to a very successful owner-operated fine dining restaurant. It is an established local landmark with active traffic past its location, and an inviting, congenial visibility for the seasonal visitors and travelers. This inviting spot is recognized as one of only two fine dining opportunities in the area, and is appreciated by its clientele as providing excellent dining satisfaction and value. The facility is essentially new, and the staff is loyal, dedicated, experienced and stable. There is potential for expanded hours of operation or a merely summer opening by someone wanting to business in the mountains for that season and to go South for the winter. This is a reasonably priced successful starter facility for a recent culinary grad or chef looking to step out on his own.

SUMMARY, PRICE AND TERMS: The restaurant is very aggressively priced at $ 280,000 that reflects the building and land's appraised value. A new buyer for either seasonal or year-round operation should have equity of $50,000 for the purchase, and experience and credit to merit the available conventional bank financing that is possible. The motivated sellers are remaining in the area and will aid an orderly transition.

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