Project Description

About the Business

Nick Ryan’s Saloon Restaurant has operated on trendy Jefferson Street for over 5 years; the area includes several restaurants that attract diners from the greater Lexington area. This is essentially an opportunity to acquire a fully equipped restaurant in an excellent location ready for a new concept or continuation current operations at a cost much lower than starting anew.

This will be a sale of assets: all equipment owned by the seller to operate the restaurant is included. If desired by Buyer, the “Nick Ryan’s” branding can be included in the sale.

The restaurant currently holds the following liquor licenses that are active 11/5/19 – 11/30/20: 034-LD-2103 Quota Retail Drink, 034-NQ4-3331 Retail Malt Beverage Drink, and 034-SB-1539 Supplemental Bar with Quota Retail Drink.

About the Sale

Management and training support:
Seller to provide assistance as mutually agreed to insure a smooth transition.

Reason for selling:
Sellers wish to focus on other current businesses.

Additional Details:
Confidential information about this opportunity is available to qualified buyers upon signing a Confidentiality Agreement and completing a Buyer Profile – these documents are available on this website’s For Buyers page.

DETAILS:  
Price: $125,000
Furniture, Fixtures, & Equipment:

Store fixtures and equipment included, some owned by suppliers.

Leased location, approximately 4,300 square feet, at 157 and 159 Jefferson Street. Buyer must negotiate a new lease

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