Italian Restaurant for sale in Downtown Louisville

Undisclosed Address, Louisville, KY
Business Opportunity for Sale
Catylist Listing ID: 30786399
Property Subtypes: Food and Beverage
Building Size (RSF): 2,356 SF
Sale Price: $289,000
In Opportunity Zone? Yes
Gross Revenue: $365,314 (Annual)
Cash Flow: $135,134 (Annual)
Cash Flow Type: Sellers Discretionary Earnings
Last Updated: 9/9/2022

Overview / Comments

Serving customers for over two decades, this restaurant serves up tasty ethnic dishes to downtown workers and tourists alike. Serving only the lunch crowd, the business has great hours and makes great money. Ideal for someone wanting to ease into the restaurant business or an industry veteran looking for more work-life balance.
Great reviews and very little competition in its food category make this a regular spot in the dining rotation downtown.
Adding breakfast or dinner service and/or getting a liquor license would add sales and more profits to this restaurant.

Additional Details

Industry Segment: Restaurants
Reason for Selling: Retirement
Value of Inventory Included ($): $2,000
Value of Furniture, Fixtures, and Equipment ($): $40,000
Real Estate Status: Leased
Value of Real Estate Included ($): $0
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