Aladdin's Middle Eastern (Concept can be changed)
Business Opportunity
for Sale
| Catylist Listing ID: |
30721876 |
| Property Subtypes: |
Food and Beverage
|
| Building Size (RSF): |
2,500 SF
|
| Sale Price: |
See Agent |
| In Opportunity Zone? |
Yes |
| Name of Establishment: |
Aladdin's |
| Business Website Address: |
https://aladdinsindiana.com/ |
| Year Business Established: |
2012 |
| Gross Revenue: |
$448,000 (Annual) |
| Cash Flow: |
$0 (Annual) |
| Cash Flow Type: |
Sellers Discretionary Earnings |
| Relocatable Business: |
Yes |
| Sale Terms: |
Cash to seller |
| Last Updated: |
5/24/2023 |
Overview / Comments
|
Excellent space with all equipment sub 5 years. Business has MANY opportunities to increase revenue, currently open 5 days a week, will little alcohol sales. New City of New Albany building is up and lunch business is booming. This area qualifies for the 3-way RiverFront liquor license, only $1,000/year
|
Additional Details
| Nearest MSA: |
Louisville/Jefferson County |
| County: |
Floyd |
| Industry Segment: |
Restaurants |
| Reason for Selling: |
Retiring |
| Value of Inventory Included ($): |
$50,000 |
| Value of Furniture, Fixtures, and Equipment ($): |
$125,000 |
| Real Estate Status: |
Leased |
| Value of Real Estate Included ($): |
$0 |
| Real Estate Lease Description: |
Great low priced lease |
| Employee/Labor Description: |
Roughly 50-75 seats, depending on set up, outdoor courtyard is beautiful and under used. |
| Mgmt/Training Support Description: |
Seller will train recipes, etc. |
| Competition/Market Description: |
Excellent market food food and beverage industry. Several concepts from Louisville have expanded to this New Albany market-to name a few-Dragon's King Daughter, Agave & Rye, RecBar, Monnik Beer, Parlour Pizza, etc. |
| Growth/Expansion Opportunities: |
Expand hours and days open. New City of New Albany building within steps. No real alcohol presence, area qualifies for 3-way liquor license-$1,000/year |
| Seller Financing Description: |
TBD |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
14,148 |
83,866 |
185,807 |
| Median Age: |
35.28 |
36.4 |
36.61 |
| Households: |
5,930 |
34,310 |
77,450 |
|
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