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.
Please refer to listing ID: RS163
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Food and Beverage
Bars and Taverns
Louisville
$165,000
$192,000
2008 tax return
$51,000
2008 tax return
$5,000 (Included in Asking Price)
$35,000 (Included in Asking Price)
May consider small portion
1978
1 full time - 3 part time
Seller will assist in a smooth transition
Owner is living more than two hours away and does not want to be concerned with the business any longer.
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.
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.
Email:
busbrok1@aol.com
502-458-2661· 1930 Bishop Lane, Suite 110, Louisville, KY 40218