Business For Sale

Price Reduced! Popular Southside Indianapolis B...

Indianapolis, IN
Marion County


Asking Price: Annual Revenue:
$120,000 $314,031

Food & Beverage: Bars, Clubs, Nightspots


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RE: Price Reduced! Popular Southside Indianapolis B... Broker: Ralana Abraham
Owner Financing is Available!

Quick Facts

Asking Price: $120,000
Annual Revenue: $314,031
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $86,000
Real Estate: Not Disclosed
Year Established: 1927
Employees: 7
BBN Listing #: 231955769
Broker Reference #: INDIAIN001-N1778

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Business Overview:

The new asking price saves you $13K on this popular Southside Indianapolis bar and grill for sale! A community fixture, this popular bar is still going strong after all these years! The bar and grill has a highly visible location in the busy retail district. In fact, it is one of a few businesses with its own on-site parking. It attracts a strong lunch time crowd. Customers rave about the affordable food and drinks. The large, loyal client base calls this place home. Game nights, karaoke, and affordable drinks attract newcomers. Not only does the bar and grill have 6 TVs, pool tables, darts, arcade games, and a jukebox but it also has a fully equipped kitchen. This Southside bar and grill carries a 210 liquor license with gaming endorsement, Sunday sales plus a tobacco license. The popular Southside Indianapolis neighborhood bar and grill has some local competition. However, it has these advantages over them: • Highly visible location • On-site parking • Community fixture • Full kitchen • Affordable drinks and food • Attracts lunch time crowd • 210 liquor license The Southside neighborhood bar and grill has steady financial performance with strong sales of 80% liquor and 20% food. All equipment is in excellent condition while a favorable lease is in place. This is a turnkey opportunity for an owner/operator looking for a bar to call their own!

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Reason for Selling:

Retirement

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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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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