"Interestingly, koi, when put in a fish bowl, will only grow up to three inches. When this same fish is placed in a large tank, it will grow to about nine inches long. In a pond koi can reach lengths of eighteen inches. Amazingly, when placed in a lake, koi can grow to three feet long. The metaphor is obvious. You are limited by how you see the world."
-- Vince Poscente

Wednesday, February 4, 2009

Seller Is Closing Restaurant: Great Deal!

OLD TOPPER PUB & STEAKHOUSE
Client #C-N632

727 South Main St.
Greencastle, IN 46135

Popular college town pub and restaurant. This place has been the place to go, both for locals and college students at DePaw. It has a 210 liquor license with a gambling endorsement. It easily seats 250. The pub/restaurant is fully equipped with a kitchen and bar. The owner has elected to close the business because he was unable to supervise the business from over 50 miles away. It's turnkey. Real Estate: The real estate is owned by the seller of the business. There are approximately .3 acres of land. The building is 6500 square feet not including the basement.

Equipment: The equipment is in good condition. A detailed schedule of assets to be included in the sale is available upon request.

Training/Transition: The seller is willing to train and transition the Purchaser for a mutually agreeable period immediately following closing to ensure a smooth and seamless transition.

Other Highlights:

-Revenue: $634k
-Cash Flow: $86k
-Real Estate for $235k
-Seller will offer a long term lease if he can't sell the real estate.
-Seller will consider financing part of the sale price with 1/2 down.
-Ran absentee

Asking: $75k

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Son Isaac on Camel in Tangiers

Son Isaac on Camel in Tangiers
"Sometimes your only available transportation is a leap of faith."-- Margaret Shepard