Popular Southside Indianapolis Bar & Grill

Indianapolis, IN
Marion County


Asking Price: Annual Revenue:
$99,500 $323,000

Food & Beverage: Bars, Clubs, Nightspots


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RE: Popular Southside Indianapolis Bar & Grill Broker: Mike Wiseman
Owner Financing is Available!

Quick Facts

Asking Price: $99,500
Annual Revenue: $323,000
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:

This popular southside Indianapolis bar and grill is for sale. A community fixture, this popular bar is still going strong after all these years. Revenue is steady. Great performer for an owner/operator! The motivated seller reduced the price from $120,000 to $99,500 for an all cash offer! This is a great time to buy! The bar and grill has a highly visible location in a 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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