Seller's Contact Information
- RE: Turn Key Restaurant & Bar For Sale
- Contact: Steve Weinbaum
Quick Facts
| Asking Price: | $139,000 | |
| Annual Revenue: | $439,280 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $93,486 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1998 | |
| Employees: | 14 | |
| BBN Listing #: | 73068096 | |
| Broker Reference #: | 9648 |
Business Overview:
This Lafayette Indiana Area Restaurant and Bar for Sale is ready for a new owner. Bring your offers to this fully equipped and turn-key Restaurant and Bar that has a history of generating $80,000 in Annual Seller Discretionary Earnings (SDE) and is offered at a compelling price UNDER $150,000. KEEP OR CONVERT. The Seller also owns the real estate and will willing to offer a favorable lease rate of ONLY $2000 Per Month NNN Base rent or buy the Real Estate for a total offer price of $269,000 Don't delay on acting on this fully equipped and turn-key Restaurant and Bar for Sale. The Restaurant Brokers know that deals like this don't go on the market every day! You could easily spend twice as much to build out and equip a new restaurant like this from scratch. All the hard work is done. All that's missing is you! The restaurant presented by We Sell Restaurants provides a cozy, laid back atmosphere offering customers American fare and a fully stocked bar. After 25 years of successful operations, the Restaurant and Bar for Sale is due to owner health reasons creating a unique opportunity to take over this turn-key restaurant. The concept has proved to be successful and the seller is willing to pass on the brand, menus, recipes....etc. Located approximately 30 miles West of Lafayette Indiana. This Restaurant and Bar for Sale is truly turn-key. Recent upgrades over the last several years included a newer roof, upgraded electrical service, new A/C and heat, and new carpet. It's fully equipped and also has a walk in cooler & freezer, Large kitchen w/ separate dish & prep area, remodeled restrooms. In addition to the restaurant itself, the building has two upstairs apartments for additional revenue or owner. full building generator an extra 50' x 150' lot included in real estate. The restaurant can seat 100 in the dining room and bar area and is over 2500 square feet. That makes the base rent less than $10 Per Square Foot if you choose to lease or you can buy the real estate outright. NOTE: Real Estate is being offered on behalf of a licensed real estate agent in the state of Indiana. Opportunities for Growth: There are ample opportunities to expand and diversify its offerings. You could explore catering services, private events, or themed nights to attract new customers and increase revenue streams. Additionally, with the growing demand for online ordering and delivery services, you could expand the Restaurant for Sale's reach through various delivery platforms, ensuring that your delicious cuisine reaches even more hungry customers. Call your restaurant brokers at We Sell Restaurants today before this opportunity is gone. By providing your phone number to We Sell Restaurants, you are agreeing to receive text notifications.
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Property Features and Assets:
6 Burner Stove with Oven Beer Bottle Cooler Bar Back Cooler Keg Cooler with Tap Tower Mug Chiller Refrigerator 48 inch Prep Table Refrigerated 4 Hole gas Steam Table two 24 inch Work Top Refrigerated 24 inch radiant Charbroiler 36 inch Flat Grill Two Fryers Single Reach in Refrigerator Double Door Freezer Convection Oven Walk in Freezer Walk in Cooler 3 Compartment Sink Six Work Tables Ice Machine Three Chest Freezers Outdoor Freezer Multiple Draft Lines Seating for 103
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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