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Restaurant for Sale

Louisville, Kentucky (Jefferson County)

Retail - Restaurants | Retail - Bars/Taverns

Asking Price $175,000 Inventory $3000* 
Gross Income $140,883 Real Estate  
Cash Flow $28,000 Year Established 2004
FF&E $25,000* Employees 1

* included in the asking price

** not included in the asking price

This European ethnic restaurant is one of only two in the greater Louisville area. The owner would like to retire and limits the hours open to only 4 hours and only five days per week. A new owner should easily increase sales with additional hours and days open. Owner will train the Buyer to maintain similar food style if desired. The location is in Louisville's premier restaurant area with one of the highest traffic counts in the state. Owner has acquired a beer and wine license.

Facilities: The restaurant has a corner spot facing the main thoroughfare. It has 1800 square feet and has a seating capacity of 80. It is close to the exit ramp of the interestate highway. There is a paved parking area in front of the building.

Competition: This is a specialty restaurant with only one other competitor in the city. Many patrons will come from distant locations to enjoy the restaurant.

Growth/Expansion: A new owner would probably want to remain open at lunch and on Sunday. The area around the store is excellent for lunch business. Sunday sales would also bring in patrons from distant locations.

Support/Training: As needed.

Reason Selling: Retirement

Business For Sale By

Ron Scherzinger

502-458-2661

Venture Resource Business Brokers

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