Upscale Casual Restaurant

Undisclosed Address, Louisville, KY 40204
Business Opportunity for Sale
Catylist Listing ID: 30813404
Property Subtypes: Food and Beverage
Building Size (RSF): See Agent
Sale Price: $400,000
Name of Establishment: Undisclosed
Year Business Established: 1994
Gross Revenue: $0 (Annual)
Cash Flow: $0 (Annual)
Sale Terms: Cash To Seller
Last Updated: 11/21/2023

Overview / Comments

This landmark establishment is an extremely successful business with nearly 30 years of operating history. It is turnkey, fully staffed, fully furnished and operating. The Seller is willing to work with The Buyer during the transition.

Space includes combination of indoor and outdoor dining with parking.

Favorable lease terms exist for the new owner.

Don't pass up this incredible opportunity to occupy one of the most coveted sites in The Highlands.

Additional Details

Industry Segment: Restaurants
Reason for Selling: Owner wishes to retire.
Value of Inventory Included ($): $40,000
Value of Furniture, Fixtures, and Equipment ($): $200,000
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Real Estate Lease Description: 5,000 SF of restaurant space on ground level includes kitchen, two indoor dining rooms, an outdoor dining covered & heated patio, two bars, restrooms and storage areas. Parking for approx. 10 vehicles and additional out door storage.
Employee/Labor Description: Fully staffed with highly trained personnel.
Mgmt/Training Support Description: Owner with stay on for an agreed period of time to help train new owners.
Competition/Market Description: Located on one of Louisville's most popular Restaurant Rows.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 18,704 128,793 313,818
Median Age: 37.17 37.06 37.51
Households: 9,680 59,395 137,905
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