Business For Sale

Known Bar & Restaurant - Profitable - Room To Grow

Not Disclosed, KY

Downtown


Asking Price: Annual Revenue:
$155,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Known Bar & Restaurant - Profitable - Room To Grow Broker: Seller of Business
Owner Financing is Available!
Negotiable

Quick Facts

Asking Price: $155,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: $80,000
Total Debt: Not Disclosed
FF&E: $110,000
Real Estate: Not Disclosed
Year Established: 2006
Employees: 5
BBN Listing #: 223556012
Broker Reference #: Not Disclosed

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Business Overview:

A locally known restaurant and bar with great margins and established identity for sale. Good revenue with remaining opportunity for growth. Located in central KY with great foot traffic and plenty of room to entertain. Popular spot for regular crowds and annual events that help guarantee income. Absentee owner currently; additional revenue can be gained if owner were to actively participate in daily work. Great location and option to purchase building if desired. Established relationships with suppliers result in consistent delivery and great trade terms. Great social media reviews and fully licensed for music through 2019.

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Property Features and Assets:

Indoor and outdoor seating, plenty of space to host guests. Fully stocked bar and kitchen with all appliances right on a Main Street of the town. Heavy participation in town events.

Market Competition and Expansion:

Only 3 similar bars/restaurants in the area; located downtown in a dedicated building. Low competition!

Reason for Selling:

Concentrate on other business

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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