Popular Southside Indianapolis Bar & Grill

Indianapolis, IN (Marion County)

Bar and Grill
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Asking Price: $99,500

Cash Flow: N/A

Gross Revenue: $323,000

EBITDA: N/A

FF&E: $86,000

Inventory: $6,000*

Rent: $1,500 /Month

Established: 1927

*not included in asking price.

Popular Southside Indianapolis Bar & Grill

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Business Description

This popular southside Indianapolis bar and grill is for sale. A community fixture, this popular bar is still going strong after all these years. Revenue is steady. Great performer for an owner/operator! The motivated seller reduced the price from $120,000 to $99,500 for an all cash offer! This is a great time to buy!

The bar and grill has a highly visible location in a busy retail district. In fact, it is one of a few businesses with its own on-site parking. It attracts a strong lunch time crowd. Customers rave about the affordable food and drinks. The large, loyal client base calls this place home. Game nights, karaoke, and affordable drinks attract newcomers. Not only does the bar and grill have 6 TVs, pool tables, darts, arcade games, and a jukebox but it also has a fully equipped kitchen. This southside bar and grill carries a 210-liquor license with gaming endorsement, Sunday sales plus a tobacco license.

The popular southside Indianapolis neighborhood bar and grill has some local competition. However, it has these advantages over them:

• Highly visible location

• On-site parking

• Community fixture

• Full kitchen

• Affordable drinks and food

• Attracts lunch time crowd

• 210 liquor license

The southside neighborhood bar and grill has steady financial performance with strong sales of 80% liquor and 20% food. All equipment is in excellent condition while a favorable lease is in place. This is a turnkey opportunity for an owner/operator looking for a bar to call their own!

Attached Documents


Detailed Information

Location:
Indianapolis, IN
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
2,876
Lease Expiration:
N/A
Employees:
1 FTE, 6 PTE
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
1,500 sq. ft. leased space
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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