SUCCESSFUL RESTAURANT IN PRIME COVINGTON LOCATION
This highly successful franchised restaurant represents an exceptional turn-key acquisition opportunity in Covington, Kentucky. This local staple has built a loyal customer base over more than 30 years, specializing in high-quality food with outstanding customer service.
FINANCIAL PERFORMANCE:
• Annual Revenue: $1,950,000
• EBITDA: $311,767
• Asking Price: $1,249,000
• FF&E Value: $350,000
• Inventory Value: $15,000
LOCATION & LEASE:
• Prime 2,300 sq ft location on central corridor near Covington riverfront
• Favorable long-term lease at $10,000/month
• Excellent real estate positioning in fast-growing market with significant nearby development
GROWTH OPPORTUNITIES:
• Expand operating hours to capture consistent area traffic
• Implement local store marketing initiatives with schools, churches, libraries, and businesses
• Additional franchise opportunities available within the system
• Untapped potential for increased local market presence
BUSINESS ADVANTAGES:
• Turn-key operation ready for immediate ownership transition
• Established brand recognition and customer loyalty
• Proven profitable concept with 30+ year track record
• Stable competitive environment
• Strategic location benefits from ongoing area development
FINANCING & SUPPORT:
• Seller financing available to qualified buyers
• Comprehensive training package: one week hands-on franchisor training plus one month seller support
• Seamless ownership transition process
This opportunity is ideal for owner-operators or investment groups seeking a profitable, established restaurant with strong growth potential in an excellent location. The seller is focusing on other business ventures, creating this rare opportunity to acquire a proven performer in Kentucky's dynamic riverfront market.
Ad#:2456222
