-Absentee Ownership -Long lease and franchise agreement, no immediate remodel -EBITDA/NET 15% -Buyer got cold feet, back on the market. Contract ready to be executed for WILLING & and QUALIFIED buyers only -All negotiations and due diligence has been done by the previous buyer. He backed out due to inexperience and confidence. -Priced to sell at $375,000 (no negotiations whatsoever).