REQUEST FOR BUSINESS PROPOSALS

The City of Pikeville, KY is soliciting proposals from any person, non-profit, company or corporation that is interested in creating a new business and locating said business in the city owned facilities in downtown Pikeville. The city would offer the facilities for $1500.00 per month for the first five (5) years and then a graduated rate for each year thereafter.

The location of proposed business is located at 239 Second Street, Pikeville, KY 41501. The building is the former Rustic Roots location. The city is soliciting proposals, qualifications, and a business plan from any person, non-profit, company or corporation wishing consideration to locate a new business in this location. The city will consider a minimum of a 5-year initial term with roll over options. Each submittal should outline what term you are asking for the city to consider.

We are interested in a business model that would complement our current community. Any and all business models will be considered. Independent and franchises will both be considered. The business plan shall include but not be limited to:
1. The business and owner’s name and type of business.
2. Number of projected jobs, general layout, and hours of operation.
3. A general description of any construction work that will need to be completed.
4. Lease payment will be $1500 monthly

The City reserves the right to request any additional information it deems necessary in order to make a determination regarding the most appropriate business for the location.

Note: Any modification to any part of the fixed structure will require approval by the City of Pikeville. Any and all modifications, equipment, or repairs will be at the cost of the new business.

All submittals must be addressed, placed in a sealed envelope, and received by 10 a.m., April 11, 2022, to the following location:
City of Pikeville
Attn: City Clerk
243 Main Street
Pikeville, KY 41501

The City will not accept unsealed envelopes. City retains the right to reject any and all submittals. All submittals will be opened in the office of the City Clerk on April 11, 2022, at 10 a.m. Copies of each submittal shall be given to the Pikeville City Commission for review and consideration. The City Commission has the right to reject any and all submittals. Standard lease agreement will apply. Anyone wishing to schedule an appointment to view the facility may do so by calling Jill Dotson at 606-213-2358.