0 Market StClarksville, IN 40202

For Sale
$375,000

Established Restaurant, High ROI, Growth Potential

Overview

Added:
Dec 11, 2024
Days on market:
91
This thriving pizzeria, located in the heart of downtown Louisville, KY, presents a unique investment opportunity. Boasting a strong reputation and loyal customer base, this established business generated over $300,000 in sales and a net income exceeding $100,000 in 2023. The 2,360 square foot space is currently operating under a gross lease, offering flexibility for future expansion or relocation. The menu features renowned pizzas and traditional Italian dishes, catering to a diverse clientele. Its prime location near major attractions like the Convention Center, Science Center, and several museums ensures consistent foot traffic. Significant growth potential exists through expanded dinner service, catering, and enhanced marketing. The sale includes essential cooking equipment; inventory will be sold separately at cost. A dedicated team of three employees supports daily operations. This turnkey operation offers a compelling blend of profitability, prime location, and significant upside potential, making it an ideal investment for both experienced restaurateurs and newcomers to the industry. The asking price is $375,000, representing a compelling $158.90 per square foot and a 26.67% cap rate.

Highlights

  • $375,000 asking price for an established pizzeria in downtown Louisville, KY.
  • 2,360 square feet, gross lease, single tenant occupancy.
  • $158.90 price per square foot, 26.67% cap rate, $100,000 NOI.
  • Owner/user investment opportunity with high growth potential; 2023 sales exceeded $300,000 and net income exceeded $100,000.
  • Prime downtown location near major attractions including the Kentucky Science Center, Frazier History Museum, and Louisville Slugger Museum. Includes existing equipment; inventory sold separately.
  • For sale by owner; broker co-op available.

Location Insight

City
Clarksville
County
Jefferson
State
Indiana
Latitude
38.269627
Longitude
-85.752675
Market St, Clarksville, Indiana

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0 Market St
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