Turn Key Established Restaurant FOR SALE

Lafayette, KY

Turn Key Established Restaurant FOR SALE


Please check out our reviews on Yelp, Google, and FaceBook (@lafayetteky). This is a fantastic opportunity. All equipment, inventory, and real estate are included. The building (empty) appraises at $178,000. This is a "steal" of an opportunity.



Location

Country:

USA

State or Province:

KY

City:

Lafayette

Location Zip or Postal Code:

42254

Listing Information

Service Type:

Sit-Down Table Service, Counter Service/Fast Casual, Coffee/Beverage Primary

Title of Listing:

Turn Key Established Restaurant FOR SALE

Year Established:

2011

Number of Locations:

1

Number of Seats:

51-150

Size:

5000, Square Feet

Patio:

No

Number of Employees:

Less than 10

Hours of Operation:

Friday 5p-8p Saturday 8a-3p Potential to open full-time. We had to downsize hours due to personal reasons.

Reason for Selling:

Family owned business for 12 years, ready to move on.

Owner Operated or Absentee Owner or Flexible:

Owner Operated

Training Provided:

Yes

Links

Link to Facebook Page:

@lafayetteky

Link to TripAdvisor Review Page:

https://www.tripadvisor.com/Restaurant_Review-g39569-d15348465-Reviews-The_Brick_Oven_Grill_and_Deli-La_Fayette_Kentucky.html

Financial Details

Asking Price:

$170,000

Gross Revenue:

80,000 - 200,000

Gross Revenue Range:

Under $500,000

EBITDA Range:

Under $100,000

SDE Range:

$100,000

FF&E Value (Furniture Fixtures and Equipment):

60,000

FF&E Value (Furniture Fixtures and Equipment) included in price:

Yes

Inventory Estimated Value:

$10,000

Inventory Value included in price?:

Yes

Asset or Share Sale:

Asset

Real Estate Owned or Leased:

Real Estate Owned

Real Estate Value Included?:

Yes

Financial Comments (include any Financing information that may be useful):

This is a direct sale. No leasing or renting business or building.

Contact Listing Owner