1092 By-Pass Road, Brandenburg, KY 40108

$1,350,000
List Price
$1,350,000
Price Change
▼ $50,000 1512692256
Status
ACTIVE
MLS#
10033555
Lot Size (Acres)
0.99
Year Built
2012

Property Description

Business is For Sale ($1,350,000) or Lease (Lease $499,000 and $6,500/mo.). Terrific Business Opportunity with rapidly growing market share producing 20% Cap Rate in 2017. Net Operating Income (NOI) i.e. Year Over Year 2016 to 2017 growth was 14%. This is a well establish restaurant business serving a huge loyal customer base drawing from Meade, Breckinridge and Hardin Counties in Kentucky. Severing lunch (35% of Total Business) and dinner seven days a week. Known in the area for their Daily Lunch Specials and Fine Dining with a business casual atmosphere. Fully equipped Bar serves Beer, Mixed Drinks and Liquor by the drink. Business includes Liquor License! Building was designed and built by experienced restaurant owners in 2012 with all New Equipment and High Efficiency in mind. Total seating 148. Includes Private Party/Meeting Room. Slate tile in bathrooms. Stained Concrete Floors for easy cleaning and Low Maintenance. Located in the highest growth area in a 20 mile radius with the busiest road (KY 1051, The Brandenburg By Pass) with 13,049 ADT (Average Daily Traffic) in front of the business. Available for Sale or Lease. Contact Agent Today!

Additional Information

Area
Meade County
Water
City
Sewer
City
Elementary School
David T Wilson
Middle School
Stuart Pepper
High School
Meade County

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Listing courtesy of ALL ABOUT HOMES REALTY.