Freestanding Restaurant & Bar Merrillville, IN

Business Overview:

Fully-Equipped Freestanding Restaurant & Bar Merrillville, IN - Just off The Hwy 30 & I-65 Interchange!

“Turnkey - Premium Buildout - Extensive FF&E - Existing Liquor License”

Outstanding opportunity to acquire a premium second-generation restaurant in one of Northwest Indiana’s strongest retail and dining corridors. This is an asset sale - the existing business, brand, recipes and concept are not included, creating a blank canvas for an experienced operator. Designed with quality craftsmanship, attractive finishes and a functional layout, this facility would cost significantly more to replicate today. The fully equipped commercial kitchen features a 26ft exhaust hood, professional-grade cooking equipment, generous prep areas, walk-in refrigeration and ample storage. All FF&E is included, letting buyers avoid the construction timelines, permitting challenges and capital investment of building from scratch. The existing liquor license is owned by the landlord and transfers with the location. A purchaser must be approved by the Indiana Alcohol & Tobacco Commission as the designated “Manager” under the landlord’s license - an efficient path to serving alcohol without obtaining a new license. This rare asset sale delivers premium infrastructure and quality leasehold improvements at a fraction of replacement cost.

Contact the Seller:

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Property Features and Assets:

Prime freestanding building, built in 2007 in Lake County, offering outstanding visibility, easy accessibility and abundant parking near the intersection of Georgia St and Broadway. Strategically positioned within one of Merrillville’s busiest commercial districts, the location enjoys continuous traffic from surrounding retailers, restaurants, hotels, offices, residential neighborhoods and regional attractions. Neighbors include Wu’s House, Hooters and Taste of India, plus Baymont by Wyndham, Fairfield Inn & Suites by Marriott, Hampton Inn and Red Roof Inn, with many more hotels, Costco and numerous retailers directly across the street. Strong consumer demographics, a sizable daytime workforce and a steady flow of hotel guests and out-of-town visitors create an ideal environment for a wide variety of restaurant, bar and hospitality concepts.

SqFt: 6,826
Seating: 150 Inside & 30+ Outside 
Hrs: We-Fr 4p-9p, Sa-Su 12n-9p (Closed Mon-Tue)
Lease: $7,964/mth + NNN, expires Oct 2029, plus four 5-year options

Market Competition and Expansion:

Ideal for virtually any full-service restaurant, sports bar, steakhouse, seafood restaurant, brewery, upscale casual dining concept or franchise conversion. Extensive leasehold improvements and an attractive, high-quality dining room and bar buildout are already in place, so a franchise group or multi-unit operator can rebrand with their own menu, decor and signage and open quickly while minimizing startup costs. Growth opportunities truly abound for the right experienced operator. The inviting outdoor patio expands revenue during warmer months while enhancing the overall guest experience.

Expanding beyond the current limited operating schedule with lunch service, seven-day operation, happy hours and late-night bar business offers immediate upside. Private parties, banquets, catering and third-party delivery are additional revenue streams to develop. With liquor already available at the premises, a strong craft beer, cocktail and wine program can help lift average checks. Most importantly, the fundamentals that can’t be built are already here: Location, location, location!

Reason for Selling:

Other interests. Kindly ask the seller for more information.

Additional Details:

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