Pub Style Restaurant & Neighborhood Sports Bar

Pub Style Restaurant & Neighborhood Sports Bar

Louisville Restaurant for Sale
Price: $247,000

Location: Louisville, KY

Industry: Restuarant

Listing ID: 6498468

This established franchise location has been in business for over 15 years. Restaurant has a neighborhood pub style that makes is a favorite with families and sports fans alike. Excellent location and a long history. It is anchored in a popular shopping center with tons of parking, and easy access to two major thoroughfares. Location is ideal. Retail Shops and businesses border densely populated middle to upper income neighborhoods. Menu is reasonably priced with something for everyone.

Total Sales: $845,900

Cash Flow: $69,800
EBITDA: $69,800
FFE Included: Yes

FFE: 240000
Terms and Conditions?:

Master Franchise requires Buyer to attend a minimum period of franchise training. Seller will stay on to train and assist buyer through the transition. The business has two key employees, both are bartenders and restaurant managers. These Key employees are NOT owners. They have been with the business for over a decade and will also assist with training. Business is not reliant upon the owner for its success and should make a smooth transition.

Reaseon For Sale:

Retirement

Training & Support:

Master Franchise requires Buyer to attend a minimum period of franchise training. Seller will stay on to train and assist buyer through the transition. The business has two key employees, both are bartenders and restaurant managers. These Key employees are NOT owners. They have been with the business for over a decade and will also assist with training. Business is not reliant upon the owner for its success and should make a smooth transition.

Year Established: 2002

Managers: 2
Square Footage: 3,150

Facilities Information:

Retail Strip Center Location with access from two major thoroughfares. Nice setting, and Lots of parking. Great afternoon lunch/ business crowd and neighboring subdivisions provide booming bar business in the evenings. Nearly 20 years of success in this ideal location.

Competition:

Established loyal-customer base. The Master Franchise provides excellent support but charges some of the lowest royalties in the franchise restaurant market. The cost of royalties can make or break a business given thin margins in the restaurant industry. TThis one offers terrific support and advertising without the high royalties of many other Master Franchises.

Otis Florence

Phone: 502-425-0995
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Otis Florence