This neighborhood sports bar is located in a free-standing building on about .55 acres and is on a very high traffic road east of I-65. Capacity is 154 and there is plenty of parking. The busines is being sold turnkey. The purchase price includes the property, building, FFE, and inventory. The interior was remodeled approximately 2 years ago. The current owner has continued the bar service with billiards and a traditional style bar menu. No marketing has been done to promote the business. The owner believes growth would continue if the menu was expanded. Billiards and coin vending generate approximately $1000 per month additional revenue.
The owner will sell the business without the real estate for $90,000 and lease the building for $3000 per month.
Please call Venture Resource at 502-458-2661 for details.
Please call Venture Resource Business Brokers at 502-458-2661 for details.
Please refer to listing ID: JMD-32
Industry: Retail
Industry Segment: Sports Bar/Real Estate
Geography: Louisville, KY
Asking Price: $560,000 including real estate. $90,000 business only.
Gross Revenue: $158,000 (Newly opened and growing)
Cash Flow: Disclosed at meeting with seller
Value of Inventory: $6,000 (included in price)
Value of Equipment: $80,000 (included in price)
Real Estate: Owner values at $470,000
Seller Financing: Not offered at this time
Year Established: 2009
Reason For Selling: Seller cannot handle with other businesses
Employees: 3
Facilities: Approximately 1500 SF free-standing building. Recently remodeled
Email:
busbrok1@aol.com
502-458-2661· 1930 Bishop Lane, Suite 110, Louisville, KY 40218