Neighbor Pub, 25 Years of Success with Real Estate
| Asking Price: | $299,000 | Inventory: | $5,000 ** |
| Gross Revenue: | $300,000 (comments below) | Real Estate: | $250,000 ++ |
| Cash Flow: | $85,000 (comments below) | FF&E: | $75,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
| Gross Revenue Comments: Lots of room for increasing sales. | |||
| Cash Flow Comments: Seller can verify and there is lots of upside potential. | |||
One of Louisville's most stable neighborhood bars is available for purchase with the real estate. This pub has been in doing business in this market for over 20 years and has generated a comfortable lifestyle for the owner. The business and real estate is priced at $299,000. This bar is in a 5000 square foot facility that sits on a major arterial road near a heavily traveled US highway. The business has room for additional growth for sales and cash flow. The real estate value should make this an easy deal to get financed for a qualified buyer.
About the Business
Year Established:1988
Employees:6 full time - 2 part time
Facilities:This bar sits on a 1/2 acre of land with a 5000 square foot building that is a concrete block construction. It has a full barm dance floor, pool tables and room for additional expansion.
Market Outlook and Competition:This area of Louisville is very stable with a solid middle class with shopping with new commercial developments nearby.
About the Sale
Management Training and Support:Seller will train for a reasonable period of time.
Reason For Selling:The seller has developed another very successful business outside of the bar business and needs to focus his energies on the growth of this endeavor.
Seller Financing:Seller will finance a portion of the sales price.
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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.
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