BUSINESS DESCRIPTION
Prime marina frontage and wide ocean views. This huge 15,000 square feet restaurant has been pleasing selective diners for over seven years. To provide growth and earnings predictability, a threefold strategy that diversifies projected 2004 revenues into 63 percent full service dining, predictable 22 percent banquets / weddings and 15 percent from a newer casual dining Seafood Grill that is expected to drive growth beyond 2004. An attractive long-term below market lease creates value that can justify a substantial portion of the purchase price. The new Seafood Grill area where customers can personally choose the cut of fish they want grilled, is proving to be a big hit expected to drive sales up by about 17%; in 2004. Revenuess and Discretionary Income are based upon 2004 projections. Large bar area with type 47 Alcohol License and live entertainment permits create a major opportunity for profit expansion for an entertainment oriented new owner. Call Hoke Nagahori today at 310-539-8300 X212.