Historic Restaurant and Bar
Location: Kentucky > Jefferson County > Louisville
Industry: Food and Beverage > Restaurants
Financials
Asking Price: $449,000
Gross Revenue: $900,000
Gross Revenue Comments: Sales are growing.
Cash Flow Comments: Seller will provide to a prospective buyer
Inventory: $12,000 (Included in Asking Price)
FF&E: $250,000 (Included in Asking Price)
Real Estate: $900,000 (Not Included in Asking Price)
Seller Financing: Seller wil entertain some financing.
Business Summary
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 with a new outdoor patio. 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.
About the Business
Year Established: 1934
Employees: 12 full time - 12 part time
Facilities: This 5500 square foot restaurant has seating for 110 inside with a new out door patio that can seat 70. The restaurant has recently been remodeled and the kitchen has very well maintained equipment.
Market Outlook and Competition: This market is stable and has supprted this restaurant for over 70 years.
About the Sale
Management Training and Support: Seller will train for a reasonable period of time/
Reason For Selling: Seller has decided to focus on his real estate business.

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Listing Tools
BizQuest ID:902976
Seller ID:NHBLOU0029
Business Listed By
Name:Dick Campbell
Company:National Hospitality Brokers
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.