Improved Price - West Suburban Indianapolis Restaurant for sale

Indianapolis, IN (Marion County)

Restaurant & Pub
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Asking Price: $490,000

Cash Flow: $191,734

Gross Revenue: $1,107,700

EBITDA: N/A

FF&E: $275,000

Inventory: $15,000*

Rent: $8,000 /Month

Established: 1987

*not included in asking price.

Improved Price - West Suburban Indianapolis Restaurant for sale

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Business Description

When you rate a restaurant, you start with two things: the food and the service. This west suburban Indianapolis restaurant does both right! Diners choose this restaurant because it offers tasty, freshly prepared food. They gush about things like the fried mushrooms, chicken wings, steak, and pasta. They are equally enthusiastic about the service. Reviewers use words like amazing, excellent, and impressive to describe it. Many reviews are four stars or better. As a result, the restaurant is among the top 10 restaurants in its suburb.

This west suburban restaurant is not only a few minutes from an interstate exchange, it is located on a major road. Its location is hard to miss! A casual dress code and friendly, helpful staff make people feel at home. In other words, the restaurant has a warm, welcoming atmosphere. Diners love the prompt service: from drinks at the bar to food at their tables.

The restaurant offers more seating and kid’s menus in the dining room, making it perfect for families. The bar is compared to a sports bar. There are a lot of TVs playing a game or two. It is a great place to hang out with friends and catch a game. Seating is centered around the large bar. Since the restaurant seats 200, it can easily handle large groups. Its banquet room is perfect for them. Thanks to its large, fully equipped kitchen, the restaurant is able to provide offsite catering service.

As the new owner, you get a profitable restaurant with some great benefits including:

• Popular, non-chain business
• Strong sales and cash flow history
• Loyal customer base
• 210 liquor-license with gaming endorsement
• Draft beer system

A new owner/operator with marketing savvy and drive will easily increase revenues. A few tweaks, such as adding a breakfast menu and expanding hours are only two ways to do this.

The restaurant’s suburb is expanding. New housing, retail, and other area developments will increase daily traffic count. As a result of its prime location, the restaurant is right in the middle of this growth. Renting around $8,000 (including CAM charges), the approximately 7,000 square foot space is a great deal. The current lease expires in 2021. Because of the growth, leases in the area will increase. Take advantage of the remaining time and make an offer on this restaurant today!

Attached Documents


Detailed Information

Location:
Indianapolis, IN
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
7,000
Lease Expiration:
N/A
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
7,000 sq. ft. leased space, for $8,000 per month
Support & Training:
Seller will negotiate a transition period
Reason for Selling:
Retirement
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Indiana Business Advisors

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Indiana Business Advisors

Indiana Business Advisors

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