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OFF-MARKET
Retail properties & Spaces

0 Eastern Kentucky Franchise For Sale Over $800K Revenue Pikeville, KY 41501

2,682 SF
Property ID
Property summary
AI-generated overview

This established Moe's Southwest Grill franchise presents a unique opportunity for ownership in Pikeville, Kentucky. Boasting over nine years of operation and exceeding $800,000 in annual sales, this turnkey business is housed in a 2,682 square foot leased space. The current lease, expiring October 14, 2025, offers a five-year term with a monthly rent of approximately $6,000. The restaurant comfortably seats 79 guests, including indoor and outdoor patio seating, ideal for catering events. The sale includes all existing equipment, fixtures, and furnishings, such as a full kitchen with a griddle, fryer, and various ovens, POS system, refrigeration units, and ample seating. The business benefits from a loyal customer base in a high-traffic area, and the franchise offers ongoing support and training. This is an asset sale, and the asking price is $119,000. Inventory is not included. Seller financing is not available. This presents a compelling opportunity to acquire a profitable, established restaurant with significant revenue potential in a thriving Eastern Kentucky location. The current operation is absentee-owned, but an owner-operator could significantly improve profitability through cost control measures. The franchise fees are 5% royalty and 2% national marketing, both within industry standards. A $15,000 transfer fee covers two weeks of training at the franchise headquarters.

Property profile
Verified
Property type Retail properties & Spaces
Total area 2,682 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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