Catylist ID: #30786399
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|
|In Opportunity Zone?||Yes|
|Gross Revenue:||$365,314 (Annual)|
|Cash Flow:||$135,134 (Annual)|
|Cash Flow Type:||Sellers Discretionary Earnings|
Overview / Comments
Serving customers for over two decades, this restaurant serves up tasty ethnic dishes to downtown workers and tourists alike. Serving only the lunch crowd, the business has great hours and makes great money. Ideal for someone wanting to ease into the restaurant business or an industry veteran looking for more work-life balance.
Great reviews and very little competition in its food category make this a regular spot in the dining rotation downtown.
Adding breakfast or dinner service and/or getting a liquor license would add sales and more profits to this restaurant.
|Reason for Selling:||Retirement|
|Value of Inventory Included ($):||$2,000|
|Value of Furniture, Fixtures, and Equipment ($):||$40,000|
|Real Estate Status:||Leased|
|Value of Real Estate Included ($):||$0|
Kevin H KramerPRG Commercial Property Advisors KCREA Member
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