Listing Number: 20041-83842
A true money making HOME COOKING RESTAURANT located on beautiful Kentucky Lake. Restaurant has been established for 18 years in current location and has a loyal clientele from the locals. The area is poised for more growth as better infrastructure will bring more tourists to the area. Room for lots of organic growth as well since current owners only serve breakfast and lunch, March-November.
The facility is free standing (real estate included), seats 64, not including the patio. The building is 1800 square feet on 1 acre of land.
Gross Revenues in 2016 were $206,640 with Sellers Discretionary Earnings of $63,241. all inventory, furniture & fixtures plus kitchen equipment is included in the sale.
- Price: $250,000
- Down Payment: $50,000
- Sellers Discretionary Earnings: $63,241
- Total Sales: $206,640
- Location: Withheld, Kentucky
- Inventory: $5,000
- FF&E: $44,620
- Employees: 7
- Year Established: 1999
- Reason for Selling: Retirement and Relocation
- Category: Restaurants