Outstanding Kentucky Lake Restaurant for Sale

Kentucky
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Asking Price:$799,900
Gross Revenue:$755,179
FF&E:$78,253
Established Year:2007
Cash Flow:$164,701
Inventory:$3,765
Real Estate:$300,000
BUSINESS DESCRIPTION

Turnkey opportunity

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.


DETAILED INFORMATION
Location
Kentucky
Inventory
Included in asking price
Real Estate
Owned
Included in asking price
Building SF
2,860
Employees
13
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
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
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!!
Growth & 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.
Support & Training
Number of Weeks Seller Will Offer Training: 4
Reason for Selling
Retirement
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Ed
Barker
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Ed Barker