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Businesses For Sale > Business For Sale in Lexington, Kentucky (KY)
Thai Gourmet Restaurant Bar And Lounge for sale in Lexington, KY
Lexington, Kentucky (KY)
| Asking Price: |
Gross: |
Cash Flow: |
| $ 480,000 |
$ 240,000 |
Undisclosed |
Furniture and Fixtures Value:
$ 24,000 (included in the asking price)
Inventory Value:
$ 1,000 (included in the asking price)
Business Summary:
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 to learn more.
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| Year
Business was Established: 2011 |
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| Number of Employees:
4FT/2PT |
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| Facilities / Terms of Lease:
Located in a major grocery store strip mall in Lexington, Kentucky. Lexington is located at the center of a 31 state distribution area and is within a 600-mile radius of the majority of the nation's manufacturing employment, retail sales, and population. By virtue of this geographic location and Kentucky's integrated system of state maintained roads, interstates and parkways, the Bluegrass is within overnight range of over half of the U.S. market. The largest employer in the Bluegrass Region is the University of Kentucky, employing over 12,000 educators, administrators and support staff. Toyota is the largest manufacturer and Saint Joseph Healthcare is the largest solely healthcare employer in the region. Growing area & great place to raise a family.
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| Potential
Growth/Expansion:
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.
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| Competition:
The competition is limited to cheapened Asian and Americanized cuisine.
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| Owner
willing to finance:
Owner is willing to accept negotiated payments. Please contact for more details. |
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| Owner
willing to train:
Owner's wife and current Staff will remain to maintain quality. Owner to become paid employee as part of the deal. |
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| Reason for selling:
Other business interests.
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Seller Reference Number: mb1401
BusinessMart.com Listing Number: 123727 |
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To request more information
on this business
please fill out the form shown right 
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For
more info contact:
James Baker
Matchmaker Business Inc.
321-452-3462
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