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South Central, KY

  • Listing No.: 133-00113

  • Category: Bar/Liquor

Asking Price $159,000
Down Payment
Gross Revenue $221,748
Total Adjusted Net Income $84,090
Equipment / Fixtures $35,000
Year Established
General Location South Central, KY
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Premises remodeled and highly upgraded during COVID closure. Bar and lounge with food service. Beautifully-light outdoor patio area with live music on weekends. Private event area. Loyal customer base with large social media following. Terrific opportunity for growth! BONUS: Seller will pay the ABC license transfer fee of approx $8,000 for buyer AND $1,000 in discounted rent for 3 months.Additional possibility for partial seller financing and acquisition of building and land.  No reasonable offer will be refused!

Gross Revenue $221,748 Listed Price $159,000
Total Income $84,090 Down Payment
Base Rent Square Feet 3219
Total Rent $2,800 Lease Expiration
Rent Deposit Lease Options
Inventory $15,000 Leasehold Improvements $0
Equipment / Fixtures $35,000 Other Assets See list
Full-Time Employees 1 Training Period 4 weeks
Part-Time Employees 5 Special License Required
Contract Staff Reason for Selling Personal

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.