December 14, 2002 12:00 Noon
I-75 at Exit #77, Berea (Lexington Area), KY
For Buyers convenience, Auction will be held across the street at the Holiday Inn Express meeting room.
DENNY’S RESTAURANT
Out of State Owners Say SELL
this going, profitable Restaurant and Real Estate.
SELLS AS AN ENTIRETY ONLY
LOCATION – LOCATION – LOCATION
Located in the “Path Of Progress” at one of the fastest growing interchanges in Kentucky, and just across I-75 from the NEW Kentucky Artisan Center, which is currently under construction. The Berea area is internationally known as a craft center for the Appalachian heritage.
This profitable location is nestled between (2) highly recognized motels – a NEW Holiday Inn Express and the Days Inn.
Other businesses in close proximity include the Columbia Steak House, and the Shell and BP Gas Stations.
The restaurant is also located just 2 miles from Berea College and very near the Berea Industrial Park, in a rapidly growing and developing area.
OPORTUNITY – OPORTUNITY – OPORTUNITY
Situated on approximately 2.5 acres of land, the building is approximately 4000 sq. ft. and was built in 1995. Although the franchise name is not transferable (the buyer would need to contact Denny’s to purchase franchise rights), the business has bee good to the sellers for several years. However, due to several factors beyond their control, the owners have decided to sell this excellent location.
The Business will NOT be closed before the New owners take possession and the sale will include (1) The Real Estate – 2.5 +/- acres, (2) The equipment – all refrigeration, booths, tables, chairs, cookware, and smallwares, and (3) The improvement – a 4000 sq. ft. building. The stock will be inventoried the night before transfer and the buyers will pay the sellers the actual cost of the stock at closing.
DON’T FIND OUT THAT THIS OPPORTUNITY
SOLD FOR LESS THAN YOU WOULD HAVE PAID
SUGGESTED OPENING BID $400,000
