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: |
$0 (Annual) |
| Sale Terms: |
Cash to Seller |
| Last Updated: |
11/25/2023 |
Overview / Comments
|
Internationally recognized bourbon bar & restaurant occupying more than 6,000 SF on two floors in a historic remodeled firehouse on Frankfort Avenue in Louisville's Clifton neighborhood.
|
Additional Details
| Nearest MSA: |
Louisville/Jefferson County |
| County: |
Jefferson |
| Industry Segment: |
Restaurants |
| Reason for Selling: |
Owner says "it’s time for fresh leadership as my business partner has left the business and my focus has been on another hospitality project for the past 18 months that will be launching in full soon." |
| Value of Inventory Included ($): |
$285,000 |
| Value of Furniture, Fixtures, and Equipment ($): |
$200,000 |
| Real Estate Status: |
Leased |
| Value of Real Estate Included ($): |
$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 |
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 |
|
© Copyright 2001-2023 Moody's. All Rights Reserved.
The information presented herein is provided as is, without warranty of any kind.
Neither Kentucky Commercial Real Estate Alliance nor
Moody's assume any liability for errors or omissions.
|
