Internationally Recognized Bourbon Bar & Restaurant

Business Opportunity for Sale
Catylist Listing ID: 30859552
Property Subtypes: Food and Beverage
Building Size (RSF): 6,200 SF
Sale Price: $695,000
Name of Establishment: The Silver Dollar
Business Website Address: https://www.whiskeybythedrink.com/
Year Business Established: 2013
Gross Revenue: $2,700,000 (Annual)
Cash Flow: $0 (Annual)
Sale Terms: Cash to Seller
Last Updated: 5/20/2024

Overview / Comments

Internationally recognized bourbon bar & restaurant occupying more than 6,000 SF on two floors in a historic remodeled firehouse on Frankfort Avenue in Louisville's Clifton neighborhood.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Industry Segment: Restaurants
Reason for Selling: Owner says "it’s time for fresh leadership as my business partner has left the business and my focus has been on another hospitality project for the past 18 months that will be launching in full soon."
Value of Inventory Included ($): $285,000
Value of Furniture, Fixtures, and Equipment ($): $200,000
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Real Estate Lease Description: 6200 SF on two floors inside an historic remodeled firehouse with 180 seats indoors, and an additional 76 seats on outdoor patio.
Competition/Market Description: Louisville is the cultural center for Bourbon tourism in America. Market leaders believe that we are living in a moment right now for bourbon in Kentucky, and that it is just the beginning

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,415 116,485 304,989
Median Age: 37.12 37.74 37.87
Households: 5,424 53,822 135,192
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