Upscale Bar Earning $60,000 Absentee has Huge UpSide!

Description

Upscale bar and restaurant for sale in downtown Lexington, Kentucky, with an asking price of $125,000.

The current concept serves elevated Southern comfort food in a full-service restaurant and bar setting.

The seller reports approximately $60,000 in current financial performance, although buyers should confirm whether this figure represents annual revenue, cash flow or another earnings measure.

Facility and equipment

• Full commercial kitchen
• Large bar area
• Existing restaurant buildout
• Furniture, fixtures and equipment included
• Exposed brick, wood finishes and industrial-style interior

The location is in an active downtown district near hotels, retail, entertainment and cultural destinations.

A buyer may continue the existing concept or introduce a different menu and brand, subject to lease terms, landlord approval and applicable licensing.

For qualified buyers, continued use of the existing concept may also be available under a franchise or licensing arrangement, subject to approval and final agreement terms.

Potential areas for development include private events, tasting events, later operating hours, seasonal programming and partnerships with nearby hotels and entertainment venues.

Buyers should verify historical financials, the meaning of the reported $60,000 figure, lease terms, equipment condition, liquor licensing, franchise or licensing terms, staffing and any restrictions on changing the concept during due diligence.