Retail - Restaurants | Retail - Bars/Taverns

Asking Price	$449,000	Inventory	$12,000*
Gross Income	$900,000	Real Estate	$900,000**
Cash Flow	Not Disclosed	Year Established	1934
FF&E	$250,000*	Employees	12 full 12 pt

* included in the asking price

** not included in the asking price

This restaurant was opened in 1934 and has been recognized for its All American menu on many national forums including magazines and television. Many VIPs make it a habit to visit this restaurant whenever they are in Louisville. This restaurant has recently been remodeled and a new out door patio added. The business has sales of over $900,000 and sales are growing. The business can be acquired for $449,000 and if you want to acquire the real estate it can be purchased for $900,000. If you want a great value with lots of potential then this is your opportunity.

Facilities: This 5500 square foot restaurant has seating for 110 inside with a new outdoor patio that can seat 70. the restaurant has recently been remodeled and the kitchen has very well maintained equipment.

Competition: Very little competition in this trade area. Major university nearby.

Growth/Expansion: The addition of the upstairs billiards and dart room will significantly add late night bar sales.

Financing: Seller will entertain some financing.

Support/Training: Seller will train for a reasonable period of time.

Reason Selling: Seller had decided to focus on his real estate business.