ESTABLISHED AMERICAN RESTAURANT - North Shore.

Rare opportunity to acquire a beloved restaurant with a remarkable 50-year legacy in a vibrant north shore community. This turnkey operation represents exceptional value with $499,000 in annual revenue and a loyal customer base built over five decades.

BUSINESS OVERVIEW:
Recently remodeled with fresh updates, this fully operational 1,770 sq ft restaurant is ready for immediate transition. The established business maintains strong community ties and benefits from minimal local competition with its diverse menu offerings.

FINANCIAL HIGHLIGHTS:
- Annual Revenue: $499,000
- Asking Price: $299,999 (includes $25,000 inventory)
- Monthly Lease: $6,200 (expires 12/31/2031)
- Staffing: 7 employees
- Strong revenue-to-asking price ratio of 2.4x

OPERATIONAL ADVANTAGES:
- Easy-to-manage operation with loyal customer base
- Strong community relationships and event planning connections
- Participation in school fundraisers and local events
- Minimal competition in the area
- Diverse menu appeal

GROWTH POTENTIAL:
- Expand operating hours (lunch and breakfast service)
- Develop catering services
- Increase late-night bar business
- Enhanced marketing opportunities
- Leverage 50-year community reputation

The retiring owner is available for post-closing support to ensure smooth transition. This represents an exceptional opportunity to acquire a profitable, established restaurant with significant upside potential in an affluent Lake County market.

Ideal for entrepreneurs seeking a turnkey restaurant operation with proven success, strong community ties, and multiple expansion opportunities. Continue this treasured local tradition while building upon five decades of goodwill and customer loyalty.

Location: Prime Lake County market with strong demographics and community support.