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COMMERCE BUSINESS DAILY ISSUE OF AUGUST 12,1997 PSA#1907

National Park Service, Office of Concession Program Management, 600 Harrison Street, Suite 600, San Francisco, California 94107-1372

M -- OPPORTUNITY TO OPERATE A RESTAURANT AND GIFT SHOP POC Teresa Jackson, (415) 427-1369. The National Park Service will be releasing a concession Prospectus to continue the operation of the Cliff House Restaurant and Gift Shop. This is a year-round restaurant and gift shop business operating within Golden Gate National Recreation Area. This operation provides different levels of food service, from delicatessen and sit down style to fine dining service. Within the same structure is a gift shop operation providing visitors with assorted souvenirs items. The annual gross receipts average about $8 million. The new contract will be for twenty (20) years. The new contract requires a major renovation program of the existing structure with an estimated cost of $8 million. There is an existing concessioner which has operated satisfactorily under the existing contract and has a right of preference in renewal. The cost for purchasing a Prospectus is $30.00. Parties interested in obtaining a copy should send a check, NO CASH, payable to "National Park Service" to the following address: National Park Service, Office of Concession Program Management, Pacific Great Basin Support Office, 600 Harrison Street, Suite 600, San Francisco, California 94107-1372. The front of the envelope should be marked "Attention: Office of Concession Program Management -- Mail Room Do Not Open". Please include a mailing address indicating where to send the Prospectus. Inquiries may be sent Ms. Teresa Jackson, Office of Concession Program Management at (415) 427-1369. (0220)

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