Popular North Side Indy Eatery & Bar for sale

Indianapolis, IN
Marion County

Asking Price: Annual Revenue:
$695,000 $1,586,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Popular North Side Indy Eatery & Bar for sale Broker: Dave Gorman
Owner Financing is Available!

Quick Facts

Asking Price: $695,000
Annual Revenue: $1,586,000
Net Profit: Not Disclosed
Cash Flow: $399,000
Total Debt: Not Disclosed
FF&E: $200,000
Real Estate: Not Disclosed
Year Established: 2005
Employees: 24
BBN Listing #: 620938590
Broker Reference #: INDIAIN001-N1785

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Business Overview:

Motivated Seller, New Lowered Price! This profitable north side Indy restaurant and bar is busy and growing with a reputation for top-notch service, a diverse scratch-made menu, a full-service bar, and a clean, comfortable, spacious atmosphere. A big bar plus indoor and outdoor tables seat more than 250. Ample free parking and easy access to major roads makes it a destination for groups of all sizes. Reviews online call it friendly and fun. It’s a place where adults come to relax and enjoy games like pool or darts. Big TVs everywhere help sports fans keep an eye on all the games. 2018 saw a 15% increase in revenue and 2019 is trending the same. This involved only word-of-mouth and social media reviews, so there is plenty room to expand marketing efforts and, thereby, the growth trend. The current owner has barely begun to tap the additional revenue potential from catering, carry-out on alcohol/beer and food, live entertainment, etc., and scratch-offs could be added as well. Improvements and updates have been made top to bottom in the last couple years. Equipment and the property infrastructure are updated and well-maintained. The operation is turn-key ready for new owners. Three-way liquor license plus carry out.

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Reason for Selling:

Family Changes

Additional Details:

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

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