Asking Price: $550,000

Gross Revenue: $466,000

Cash Flow: $170,600

Inventory: $12,000 (Included in Asking Price)

FF&E: $160,000 (Included in Asking Price)

Real Estate: $450,000 (Included in Asking Price)

This popular and profitable restaurant has been in business many years - 10 years under the local owner management. Located on the north shore of Lake Travis in Jonestown, Texas, it serves loyal local customers as well as visitors to Lake Travis. From steaks to hamburgers with a chicken fried steak specialty, it's a packed house on most lunch and dinner dates. Rustic Texas decor would lend itself to many dining specialties including Bar BQ.

Year Established: 1984

Employees: 4 full time - 10 part time

Facilities: Seating for 100 inside and 40-50 on the deck/patio. Fully equipped kitchen can accomodate 4 line cooks

Market Outlook and Competition: Extremely fast growing area with many new residential projects and new construction. Heavy high end 2nd home area. Room for additional profits by adding bar-alcohol service, breakfast, catering and live entertainment.

Management Training and Support: Owner will help train for 30 days

Reason For Selling: Health of owner