Popular Restaurant with Growth Opportunity

Business Opportunity for Sale
Catylist Listing ID: 30863177
Property Subtypes: Food and Beverage
Building Size (RSF): 1,757 SF
Sale Price: $170,000
Name of Establishment: Oli Pollo
Business Website Address: olipollo.net
Franchise Parent Name: Olivero's, LLC
Year Business Established: 2018
Gross Revenue: $0 (Annual)
Cash Flow: $0 (Annual)
Cash Flow Type: Sellers Discretionary Earnings
Sale Terms: Cash to Seller
Last Updated: 4/17/2024

Overview / Comments

Popular Peruvian chicken restaurant in Oldham County! Unique concept to the area and respected for its authentic flavors and well-rounded menu (best burger in town!) Fully functional kitchen, furnished dining room, outdoor seating, drive-through, and ample parking. Growth opportunities include delivery service, catering, and expansion of outdoor dining/entertainment. Significant neighbors include Baptist Health LaGrange, The Rawlings Group, hotels, and several upcoming residential and commercial developments.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Oldham
Industry Segment: Restaurants
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $40,000
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Mgmt/Training Support Description: Owner willing to teach recipes and cooking methods and share favored vendors and service providers.
Competition/Market Description: Peruvian restaurant unique to the area. Competitors include franchises, local, and fast food. Close proximity to Baptist Health Lagrange and Rawlings Group.
Growth/Expansion Opportunities: Expansion of indoor/outdoor dining, delivery services to hospital, businesses, and hotels, catering, entertainment. Popular concept could expand to Prospect/Goshen area.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,028 20,761 28,960
Median Age: 34.84 37.86 39.52
Households: 416 5,975 8,889
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