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Businesses For Sale > Business For Sale in Lexington, KY, Kentucky (KY)

Turn key sale for Lexington Bar for sale in Lexington, KY, KY

Lexington, KY, Kentucky (KY)

Asking Price: Gross: Cash Flow:
$ 49,200 $ 104,000 $ 32,400

Furniture and Fixtures Value:
$ 56,300 (included in the asking price)

Business Summary:
Bar for sale in Lexington, Ky. Recently resurrected the location and is now a solid location for traditional bar, weekend live music, special events, and private parties. Recent renovations in both layout, lounge area, stage, kitchen, and sound system make this an exceptional opportunity. The interior of this location has a unique feel, not some concrete and drywall shell. It has a large private patio and is located on a major corridor with high visibility, safe neighborhood, 100 plus parking slots in well lit area, and high density residential neighborhoods nearby gives this opportunity exceptional potential. Seats approximately 160 comfortable with an occupancy of 265. Priced aggressively to sell and includes liquor/malt beverage retail licensing. Location is zoned for B3 commercial(live music ok) and has current dance permit on file. Serious inquiries only.

 

   
Year Business was Established: 2009
   
Number of Employees: 5 PT  
   
Facilities / Terms of Lease: current lease set to expire. New terms negotiable and discounted with 5 year deal.  
   
Competition: Other bars in neighborhood have various models such as neighborhood pub or sports bar which complement each other  
   
Owner willing to finance: none available  
   
Owner willing to train: 30 days for training  
   
Reason for selling: majority operating partner is relocating to another city due to job change  
   
Seller Reference Number: bm1875799273
BusinessMart.com Listing Number: 92399
 

 

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