Bardstown Rd Highlands Restaurant/ Bar for sale

Business Opportunity for Sale
Bardstown Rd Highlands Restaurant/ Bar for sale
Catylist Listing ID: 30287459
Property Subtypes: Food and Beverage
Building Size (RSF): See Agent
Sale Price: $130,000
Name of Establishment: Confidential
Gross Revenue: $370,000 (Annual)
Cash Flow: $0 (Annual)
Sale Terms: Cash to Seller
Last Updated: 3/14/2019

Overview / Comments

Recently remodeled 2,200 sf restaurant /bar in the heart of the Highlands.
Confidential Listing. Business only, real estate is leased. Please contact broker for more information

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Industry Segment: Restaurants
Reason for Selling: Family matters
Value of Inventory Included ($): $2,500
Value of Furniture, Fixtures, and Equipment ($): $16,500
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Real Estate Lease Description: NNN w/ 4 years remaining on contract w/ 2 year option.
Employee/Labor Description: 3 full time employees 4 part time employees
Mgmt/Training Support Description: Not offered
Competition/Market Description: In the heart of the eclectic Highlands on Bardstown Rd., the popular restaurant and retail strip in East Louisville. Louisville has become a foodie destination with the Bardstown Rd corridor offering many different dining options.
Growth/Expansion Opportunities: The leased building has a 2nd story that is underutilized by current owner. They currently use the space for minor storage but could be used for additional seating.
Seller Financing Description: Not Offered

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 17,881 108,245 256,682
Median Age: 41.47 39.3 39.49
Households: 7,684 46,439 110,546
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