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Businesses For Sale   >>   Kentucky Businesses For Sale Categories   >>   

Restaurant Bar And Lounge For Sale

Location  Kentucky,United States
Asking Price Range  $250K - $500K
Gross Revenues  $240000
Net Profit / Cash Flow  $0
Cash Flow Type  EBITDA
Seller Finance  Yes
Year Established  2011
Number of Employees  6 - 9
Inventory  25000
Relocatable  No
Number of Employees  6 - 9
Real Estate  Leased
Training  Owner's wife and current Staff will remain to maintain quality. Owner to become paid employee as part of the deal.
Reason for Sale  Other business interests.
Description  Thai Gourmet Restaurant, Bar & Lounge For Sale Lexington, Kentucky $480,000. Great location & well established restaurant is more of a fine dining gourmet restaurant, bar, and lounge serving cuisine from the northeastem lsaan region of Thailand. This 5,000 sq. ft. restaurant is located in a busy, major grocery store strip mall in one of the city's most prosperous areas with several other established businesses. In March of this year a full liquor license was approved and it has certainly not been developed to it's full potential. There is an extreme amount of growth potential for a buyer with enough resources to properly market to the surrounding area. Current ownership says they have tapped into 10% of the restaurant potential and less than 3% of the bar/lounge potential. The food is prepared fresh and does not Americanize the cuisine. Plenty of regular customers become loyal patrons with a return rate of over 85%. Sale includes $24,000 Fixtures, Furniture & Equipment & $1,000 in Inventory. Owner financing is possible for the right buyer. Please contact us today at 321-452-3462 to learn more.
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