Brazen Bull Steakhouse with Two AirBnB's

Retail-Commercial for Sale
Catylist Listing ID: 30801954
Property Subtypes: Restaurant, Street Retail, Tavern/Bar/Nightclub
Building Size (RSF): 4,050 SF
Gross Building Area: See Agent
Sale Price: $2,500,000
Unit Price: $617.28 PSF
Property Use Type: Investment, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/18/2022

Overview / Comments

Brazen Bull Steakhouse sits in the heart of the Bourbon Capital of the World, Bardstown, KY on the cities Downtown Main Street, which is the epicenter of all things Bardstown and Bourbon. In close proximity to 17 (and counting) distilleries that attract nearly a million tourists annually, Brazen Bull is an obvious choice for visitors to enjoy a meal with family and friends. There are also two different $200 million developments (The Stoli Group and Heaven Hill) under construction in the area with expected openings in 2025 and 2024. Additional distilleries, hotels, schools, medical offices, and AirBnB's are just a few of more development currently under construction within the hotbed bourbon country.

The steakhouse is located on the corner and is one of the most visible buildings in Bardstown. The 6,500 sq. ft. property has been fully repurposed and is full of money-making revenue generators. Above the world-class steakhouse, are two very profitable and convenient AirBnB's where tourists are constantly staying for various events. Each AirBnB unit is under renovation, which will make them two of the most sought after rental units in the city.

Food - Brazen Bull Steakhouse uses the finest, local and nationally, sought out ingredients available. The Kitchen Staff are trained methodically and work together as a single unit providing extreme consistency and industry standard performance and results. They have a second to none menu, use a hand-built oven, as well as the finest handpicked ingredients ensure the greatest possibility for an exemplary food experience.

Food Honors - The owner takes pride in using the finest, locally sourced and farm-to-table Kentucky products including Kentucky sausage and Kentucky grass-fed beef, along with California tomatoes, Wisconsin cheeses, steroid-free chicken, Italian Parmigiano Reggiano, etc. The notoriety of the celebrated Chefs and their proud membership of the American Culinary Federation expands Brazen Bull's market reach well beyond its geographical location and helps make the steakhouse a destination for other ACF members and world travelers.

Steak Sauce - Sweet Heat. The BBQ sauce is ready for retail sales and wholesale working with distributors and retailers.

Brazen Bull Bar - Full service, 16-seat granite bar featuring 6 beer taps and an impressive array of the finest bourbons and most popular alcoholic drink options in the state.

Additional Details

Nearest MSA: Bardstown
County: Nelson
Tax ID/APN: 45E00-20-001
Retail Clientele: General, Family, Traveler, Tourist, Recreation, Convention, Other
Property Visibility: Excellent
Largest Nearby Street: N 3rd St
Traffic/Vehicle Count: 16,234
Airports: SDF International
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Excellent
Year Built: 1930
Year Renovated: 2022
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,235 12,972 23,015
Median Age: 43.44 35.61 36.77
Households: 1,817 5,224 9,071
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