Clayton Cafe

76 E. Kentucky Street, Clayton, Indiana 46118

  • Property Subtypes Food and Beverage
  • Gross Building Area 8,200 SF
  • Establishment Name Clayton Cafe
  • Sale Price $449,000.00 Total
  • Class of Space N/A
  • Total Land Size 0.16 Acres
  • Sale Terms Purchase Money Mortgage
  • Cap Rate Undisclosed
  • Last Updated 7/1/2019
  • Days on Market 255 Days
  • Status active

Overview / Comments

Here is your opportunity to own a successful cafe along with 4 apartment units on the 2nd floor. This cafe has been a staple of the Clayton community for over 40 years. This classic building was constructed in 1898 and current features include new kitchen floors, 2 basements, walk in freezer, 2 new air conditioning units, 2 new freezers, all new interior paint, 2 of the 4 apartments have been completely remodeled, new water heaters, an outdoor shed, catering equipment, etc. This restaurant is famous for the catfish on Friday with a line out the door. This could be a chance to either operate the business yourself or keep a manager and enjoy a more passive income stream.

Additional Details

  • Tax ID/APN 321134364003000014
  • Gross Revenue $561,119
  • Cash Flow $71,618
  • Cash Flow Type EBITDA