Outstanding Kentucky Lake Restaurant For Sale
Not Disclosed, KY Not Disclosed
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- RE: Outstanding Kentucky Lake Restaurant For Sale
- Contact: Ed Barker
Quick Facts
| Asking Price: | $799,900 | |
| Annual Revenue: | $755,179 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $164,701 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $78,253 | |
| Real Estate: | $300,000 | |
| Year Established: | 2007 | |
| Employees: | 13 | |
| BBN Listing #: | 952013 | |
| Broker Reference #: | 20041-459425 |
Business Overview:
A highly profitable non-franchised stand alone Kentucky Lake restaurant is offered for sale. The restaurant caters to vacationers, sportsmen/sportswomen, boaters and locals. The restaurant is open for lunch and dinner serving excellent Italian food and Pizza. The real estate is included in the price consisting of 2,860 square feet and 4.43 acres of land.
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Property Features and Assets:
Facilities:2,860 square feet of restaurant space on 4.43 acres of land with ample road frontage.
Monthly Rent:$3,500.00
Square Units (Foot, Meter): 2,860
Market Competition and Expansion:
Competition: Kentucky Lake area locals and vacationers tire of eating the same old stuff, so its refreshing to find an authentic Italian Restaurant. The chicken ptarmigan is mouth wateringly GOOD!
Expansion: The owner chooses to work 5 days per week. The restaurant could open 6 or 7 days per week, or choose to open during the busy summer season. Catering is an area that can be expanded by contacting local event planners.
Reason for Selling:
RetirementAdditional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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