Catylist ID:
#30872931
Amazing Restaurant Business Opportunity
Undisclosed Address, Louisville, KY 40206
Business Opportunity
for Sale
| Catylist Listing ID: | 30872931 |
| Property Subtypes: | Food and Beverage |
| Building Size (RSF): | 2,700 SF |
| Sale Price: | $379,000 |
| Gross Revenue: | $1,200,000 (Annual) |
| Cash Flow: | $130,000 (Annual) |
| Cash Flow Type: | Sellers Discretionary Earnings |
| Sale Terms: | Cash to Seller |
| Last Updated: | 7/18/2024 |
Overview / Comments
|
Location: NuLu / Butchertown, Louisville, KY Interior Space: 2700 sq ft Indoor Space (Two Stories) Outdoor Space: 5000 sq ft Financial Highlights: - Gross Revenue: $1,200,000 - Net Profit: $130,000 - Sale Price: $379,900 Features: - Newly Renovated: Modern kitchen (2023) designed by a sought-after New York design firm, featuring a stunning Japanese mud wall and brand new hardwood floors, new dining chairs, and lighting - Outdoor Patio: Seating for 70 guests, can seat up to 125 comfortably - Indoor Seating: 70 guests - Top-notch Equipment: Includes 8-burner range, fryer, ice machine, exhaust hoods, grease trap, griddle, grill, warmers, shelving, prep tables, sinks (hand, two-comp, three-comp), POS system, espresso machine, coffee station, server stations, liquor wells, and a full liquor license. All hot line equipment purchased in 2023 - Additional Facilities: Walk-in cooler, upstairs prep and catering kitchen, three restrooms, large exterior back of house - Prime Location Location: Popular Neighborhood: Located in the most popular area of Louisville, surrounded by Airbnbs, high foot traffic, and close to Lynn Family Soccer Stadium and a block away from Nulu Business District Accessibility: Quick access off the highway, tons of street parking Tourism Hotspot: The area receives a significant amount of tourism, contributing to a steady stream of customers, all year long Outdoor Patio: Beautiful Design: Includes a fire pit, with potential for future exterior bar, gas-powered heating elements, and water lines Future Expansion: Potential use for an upstairs private dining room for 35 people Media Features and Accolades: Brand Value: Highly Acclaimed: Featured on CNN, Forbes, Fox Business, Delta Airlines, NY Times, Food & Wine Magazine, CNBC Business, Whole Story with Bobby Flay, Drink Up, and PUNCH Awards: Voted Best Restaurant in Butchertown for 4 years, Top 5 Woman-Owned Restaurant in Louisville, Best Vegetarian Restaurant Established Since 2018: Proven track record with consistent annual revenues exceeding $1.2M Social Media Presence: Strong online following with 11k followers and a loyal customer base Unique Market Position: One-of-a-kind vegetable forward restaurant in the Louisville market Additional Information: - Lease Details: Real estate not included, lease is transferable - Food Inventory: Not included in the asking price, current inventory valued at $15,000 - Seller Financing: Options available This opportunity is more than an existing restaurant and bar, it is a thriving business that captures the essence of the neighborhood, offers energy and appeals to all senses of its guests. From its culinary offerings, to its sophisticated bar, to its entertainment, this establishment is a lifestyle for its patrons. Don’t miss out on this exceptional opportunity to own a highly successful and acclaimed restaurant in Louisville's most vibrant neighborhood! |
Attachments & Media
Additional Details
| Industry Segment: | Restaurants |
| Value of Inventory Included ($): | $15,000 |
| Value of Furniture, Fixtures, and Equipment ($): | $220,000 |
| Real Estate Status: | Leased |
| Value of Real Estate Included ($): | $0 |
| Real Estate Lease Description: | $3,000 / month, Gross |
| Employee/Labor Description: | Most employees willing to stay on with new owners |
| Competition/Market Description: | Popular Neighborhood: Located in the most popular area of Louisville, surrounded by Airbnbs, high foot traffic, and close to Lynn Family Soccer Stadium and a block away from Nulu Business District Accessibility: Quick access off the highway, tons of street parking Tourism Hotspot: The area receives a significant amount of tourism, contributing to a steady stream of customers, all year long |
| Growth/Expansion Opportunities: | 5,000 SF of Outdoor Space fully equipped to serve guests 7-8 months per year. |
| Seller Financing Description: | Options available |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 10,501 | 120,294 | 308,343 |
| Median Age: | 37.12 | 37.38 | 37.71 |
| Households: | 5,400 | 55,377 | 135,874 |
Contact
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