The upside of this restaraunt is tremendous, there is no competition for miles and busy courthouse traffic since county seed and nowhere to get a drink an bourbon has invested heavily in the area.
Country: | USA |
State or Province: | KY |
City: | New Castle |
Location Zip or Postal Code: | 40050 |
Service Type: | Sit-Down Table Service |
Title of Listing: | Lunch/dinner/bar |
Year Established: | 5 |
Number of Locations: | 1 |
Number of Seats: | 51-150 |
Size: | 2400, Square Feet |
Patio: | No |
Number of Employees: | Less than 10 |
Hours of Operation: | Lunch, dinner, bar can close early as 9 or as late as 12:00 |
Growth or Expansion Opportunities: | Possibly |
Reason for Selling: | Bought building and restaraunt, rather not own the restaraunt |
Owner Operated or Absentee Owner or Flexible: | Flexible |
Asking Price: | $150,000 |
Gross Revenue: | 350,000 |
Gross Revenue Range: | Under $500,000 |
EBITDA Range: | Under $100,000 |
SDE Range: | $100,000 |
FF&E Value (Furniture Fixtures and Equipment): | 150,000 |
Inventory Estimated Value: | $150,000 |
Vendor Financing Available: | Yes |
Asset or Share Sale: | Flexible |
Real Estate Owned or Leased: | Real Estate Owned |
Total Monthly Rent: | $3,000 |
Financial Comments (include any Financing information that may be useful): | There are many options You can buy building, business, assets,… very flexible and would even entertain a partnership. Great up and coming area with huge upside for sure. |