Restaurant and Bar for Sale with Real Estate

Not Disclosed, IN
Adams County


Asking Price: Annual Revenue:
$695,000 $802,489

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Restaurant and Bar for Sale with Real Estate Broker: Steve Weinbaum

Quick Facts

Asking Price: $695,000
Annual Revenue: $802,489
Net Profit: Not Disclosed
Cash Flow: $85,542
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2017
Employees: 24
BBN Listing #: 17848096
Broker Reference #: 8793

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Business Overview:

Located about an Hour West of Ft Wayne Indiana, this Profitable Restaurant and Bar for Sale is Offered For Sale By We Sell Restaurants includes the Real Estate for UNDER $700,000. Open and Operating for Five Years, this Local Favorite is currently generating Over $800,000 in Annual Revenue, providing an Owner Operator with Discretionary Earnings of $85,000 with Plenty of Upside!

Starting with the real estate, which is being marketed by We Sell Restaurants on behalf of a licensed real estate agent in the state of Indiana, site consists of a level lot containing approximately 7,611 square feet of total site area. All municipal utilities are available and utilized by the subject site. The zoning classification is General Business, an acceptable classification for the existing and highest and best use. Interior of this Bar for Sale is close to 4,300 square feet. There is plenty of nearby parking. Using 2019 appraisal as a basis and allowing for reasonable appreciation over the past three years plus leasehold improvements, the property is valued conservatively in the $400s.

The Restaurant and Bar for Sale by We Sell Restaurants takes up around 4000 Square feet and can seat 150. There is a full bar and appealing menu that has something for everyone. Whether you are just there for a few beers or cocktails and want some loaded fries or fried pickles, or maybe a quick bite like a sandwich, salad, wrap, or burger, there is plenty of delicious choices. Or if a full course dinner is preferred, there are lots of options including made-from-scratch steaks and pastas with homemade sides. The restaurant is fully equipped. The kitchen contains a Double Fryer, Gas Grill, Flat Top, Stove, Steam Table, Heat Lamps, Microwaves, Reach in Cooler & Freezer, Prep Cooler, Ice maker, Hood with fire suppression and grease trap. There's a separate bar area with Bottle Cooler, Bottle Wells, and Wine Cooler. Walk-in coolers, walk-in freezer and storage are located in the basement.

Contact your Restaurant Brokers at We Sell Restaurants to learn more about this amazing bar and Restaurant for under $700,000 that includes the real estate. No rent to pay or Landlords to deal with along with the financial benefits of owning the property. Interest buyers will be asked to agree to confidentiality and provide proof of funds/liquidity of at least $150,000 in order to receive details.

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Property Features and Assets:

KITCHEN Double Fryer Gas Grill Flat Top Stove Steam Table Heat Lamps Microwaves All Stainless Tables and shelving Hand washing sink Reach in Cooler Reach in Freezer Salad Prep Prep Cooler Ice Machine 3 Bay Sink Dishwasher and stainless tables Garbage Disposal Grease Trap Koorsen Fire Suppression and Fire Alarm System Toast Kitchen Display and Printer BAR Bottle Cooler Bottle Wells Wine Cooler NOT Included Pedal Tractors Computer Akron Memorabilia and Display Cabinet Personal Tools Staff tools Kitchenaid Mixer and attachments Benchs that are outside

Market Competition and Expansion:

Catering Marketing 3rd Party / Special Event

Reason for Selling:

Personal

Additional Details:

  • The property is owned.
  • The owner is not 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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