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Business For Sale

Steakhouse & Bar, with Real Estate Included

Northern, IN

Food & Beverage: Restaurants, Fast Food, Deli

Business For Sale
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$295,000
$510,000
Not Disclosed
Not Disclosed
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1998
20
623829005
Owner Financing is Available!

Business Overview:

This well established restaurant and bar opened over 12 years ago in a rural community. This successful business has a very loyal customer base and continues to grow in popularity. The dining room seats 70 and the bar seats 110 in the 6400 square foot building. The business includes a 3-way liquor license (Sunday sales and carry-out). The current owners do not have a restaurant or bar background and believe a buyer with some experience will be able to increase revenue and decrease costs.  The Restaurant in located in North Central Indiana (near Lafayette). The real estate is owned by the seller of the business.The real estate has been valued at $150,000. There are approximately .25 acres of land. The building is 6400 square feet. The equipment is in good condition. A detailed schedule of assets to be included in the sale is available upon request. The seller is willing to train and transition the Purchaser for a mutually agreeable period immediately following closing to ensure a smooth and seamless transition. Real estate is included in the purchase price, has been valued at approximately $150,000! The purchase price does not include inventory valued at the seller’s cost. The Seller will consider financing a portion of the sale with a substantial downpayment.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Resources: