×← Back to all deals
ON-MARKET
QUICK SERVICE RESTAURANTS

#1 wing joint in Lexington, Ky with $700,000 in annual sales

Lexington, KY

$500K
Asking Price
$740K
Revenue
$125K
Cash Flow

Overview

Wing Kyng represents an exceptional opportunity to acquire the #1 wing restaurant in Lexington, Kentucky. This award-winning establishment has earned the prestigious "Best of Lex Wings" title for two consecutive years, cementing its reputation as a local legend in the booming quick-service restaurant industry. FINANCIAL PERFORMANCE: With annual revenue of $740,000 and seller's discretionary earnings of $125,000, this turnkey operation demonstrates strong financial performance in just three years of operation since its 2021 establishment.
The business maintains healthy profit margins while serving an established and loyal customer base. LOCATION & FACILITIES: Strategically located in Lexington's thriving Northside area, the 1,500 square foot facility operates under a favorable lease at $1,900 per month, secured through April 2028. The location has proven successful, having previously generated strong numbers even when operating from a commissary kitchen.
BUSINESS ADVANTAGES: GROWTH POTENTIAL: The wings segment continues experiencing robust growth industry-wide. Significant expansion opportunities exist with identified target markets in Georgetown, Richmond, and South Lexington. New locations require approximately $40,000 investment for establishments with existing hood systems, creating a scalable franchise-style growth model.
COMPETITIVE POSITION: While competing against national chains like Wing Stop, Smiley Pete's has successfully differentiated itself through superior product quality and local market knowledge, earning customer preference and industry recognition. OWNER SUPPORT: The current owner-operator commits to comprehensive training on all operational aspects, ensuring smooth transition and continued success. This represents a rare opportunity to acquire a profitable, award-winning restaurant with established market dominance and clear expansion pathways in Kentucky's growing quick-service restaurant market.
  • Recognized market leader with award-winning product quality
  • Turnkey operation requiring minimal hands-on management
  • Established brand recognition and customer loyalty
  • Proven location with strong foot traffic and visibility
  • Low overhead structure with reasonable lease terms

Key Details

Year Established2021
StateKY
Request Full CIM & Details →

Deal data sourced from BizBuySell. Contact broker directly or become a Gravy member for deal analysis and acquisition support.