Retail - Bars/Taverns | Retail - Other Eating & Drinking Places

Asking Price	$165,000	Inventory	$5000*
Gross Income	$192,000	Real Estate
Cash Flow	$51,000	Year Established	1978
FF&E	$35,000*	Employees	4

* included in the asking price

** not included in the asking price

This llandmark bar is located on a major thoroughfare in Louisville's east end. The bar has been in the same location for more than 30 years. A stable cash flow allowed the seller to be an absentee owner for the past five years. The bar price includes 6 pool tables a large screen TV. The owner recently installed 8 infrared security cameras and a new cash register. The walk-in cooler has a new compressor. The business is not required to sell food but does offer a very limited menu. Game machines, including an Internet jukebox, are not owned, but the bar earns a share of the income.

Facilities: The building is about 3000 square feet and has a net lease for $2700 per month. Floors are tile and easy to clean. Capacity is 102 though less with the pool tables in place. Parking will accomodate 30+ cars. Zoned C-2.

Competition: This is a fantastic and highly visible location with good parking and should continue to be a popular site. A new owner could easily bring improvements to expand the patronage.

Financing: May consider small portion to qualified Buyer

Support/Training: Seller will assist in a smooth transition

Reason Selling: Owner is living more than two hours away and does not want to be concerned with