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Hot Spot Bar

Wabash, Indiana (Wabash County)

Retail - Bars/Taverns | Retail - Restaurants

Asking Price $340,000 Inventory $5000* 
Gross Income Not Disclosed Real Estate $163,000* 
Cash Flow Not Disclosed Year Established 20+
FF&E $90,000* Employees N/A

* included in the asking price

** not included in the asking price

Located on Canal Street in historic downtown Wabash, Indiana, Blooey s Restaurant and Lounge is a popular nightspot for locals as well as visitors to the Honeywell Center two blocks away. Featuring a furnished kitchen, two floors for entertaining with full bars on each level, a spacious wooden dance floor and large projection screen for viewing the big games, Blooey s has been a Wabash landmark for more than 20 years. The warm and nostalgic atmosphere of this restaurant and lounge provides a perfect setting as part of the downtown Wabash Revitalization Project. Don t miss this opportunity to purchase a legendary city hot spot and watch your clientele grow as downtown once again flourishes with activity.

Facilities: Historic building built in the late 1800's. It has been home to evening entertainment and spirits for over 20 years. Solid oak bars, exposed brick walls create a unique, vibrant setting.

Competition: The bar is located 2 blocks from a major concert venue for the area. Piggy-backing those events create a great atmosphere and climate. There is no other competition in regards to a bar that can offer the nightlife entertainment in the area. This is an opportunity to be the only game in town.

Growth/Expansion: Currently the seller is not operating the kitchen. Lunch and dinner options would greatly enhance the sales of the bar.

Support/Training: Seller is willing to ensure a smooth transition.

Reason Selling: Personal

AD # 382142

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