GRAND RIVERS, Kentucky
| Asking Price |
$489,000 |
Year Established |
2022 |
|
| Annual Revenue |
$882,044 |
Reason for Selling |
Relocation |
|
| Annual P/L |
$0 |
Attention |
Zoltan Lukacs |
|
| Annual Cash Flow |
$152,552 |
Listing Number |
1014999 |
|
| # of Employees |
14 |
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
Discover an established Kentucky Restaurant and Bar for Sale with full liquor license generating $882,044 in annual sales and $152,622 in earnings. This profitable restaurant opportunity offers a documented owner benefit of $152,622 and qualifies for SBA lending for qualified buyers. We Sell Restaurants has SBA lending available for qualified buyers with as little as 15% down. The combination of strong sales, positive earnings, affordable occupancy costs, and a desirable tourism-driven market makes this an attractive option for buyers seeking an operating restaurant with growth potential.
Established in 2022, the Restaurant and Bar for Sale in Kentucky occupies approximately 3,600 square feet. With 12 part time and 2 full time employees, the space provides seating for 77 guests indoors and an additional 64 guests outdoors, allowing the operation to serve both year-round customers and seasonal visitors. Monthly rent, including CAM, is only $2,750, and approximately nine years remain on the lease. Parking is available, and a full liquor license is included, subject to applicable regulatory approval and transfer requirements.
The sale includes an extensive restaurant and bar equipment package. Major items at the Restaurant and Bar for Sale include a fryer, flat top, pizza oven, BBQ smoker, three-compartment sink, dishwasher, prep tables, reach-in refrigeration, sandwich prep coolers, chest freezer, ice machine, keg cooler, underbar dishwasher, POS system, security camera system, safe, televisions, karaoke equipment, sound system, tables, chairs, bar stools, décor, barware, smallwares, and serviceware. This turnkey restaurant offers the infrastructure needed to continue the existing operation or introduce a refreshed concept.
The Profitable Kentucky Restaurant and Bar for Sale is positioned near two large lakes, marinas, beaches, and the Land Between the Lakes recreation area. Nearby visitor destinations and outdoor attractions help create opportunities to serve local residents, boaters, vacationers, and travelers throughout the year. A general manager is currently in place and actively operating the business, while the owner works only when needed. This operating structure supports transition continuity and reinforces the documented owner benefit available to a new operator.
This SBA-qualified Restaurant and Bar for Sale combines $882,044 in sales, $152,622 in earnings, approximately 3,600 square feet, favorable rent, a long remaining lease term, extensive equipment, indoor and outdoor seating, and a full liquor license. Contact We Sell Restaurants today to learn more about buying a restaurant in Grand Rivers, Kentucky, and to review confidential financial and lease information available to qualified buyers.
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Property Features and Assets:
Hood, Grease Trap Undercounter, Fryer 1, Flat Top, 3 Compartment Sink, Microwave, Pizza Oven, Blender, Smallware pots, pans, ladles, etc, Dishwasher, Soup Well, Miscellaneous shelving, 4 Prep Tables, Sheet Pan Racks, Chip Warmer, Scale, BBQ Smoker, Glass Door Reach In Cooler , Other Refrigeration, Ice Machine, Sandwich Prep Coolers, Freezer Chest, 15 Count of Tables, 77 Chairs, Seating capacity 77 people, Flatware, Service ware, Keg Cooler, Underbar Dishwasher, Ice Well, Karaoke machines, Sound System, Bar Glassware and Smallwares, Bar Stools, POS System Brand , Security System with Cameras, Safe, Store Decor, Flat Screen TVs, High Chairs, Neon Signs, Trash receptacles
Market Competition and Expansion:
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity