INDIANAPOLIS, Indiana
| Asking Price |
$365,000 |
Year Established |
|
|
| Annual Revenue |
$609,315 |
Reason for Selling |
Retirement |
|
| Annual P/L |
|
Attention |
Brian Knoderer |
|
| Annual Cash Flow |
|
Listing Number |
1018814 |
|
| # of Employees |
8 |
Business Category |
Recreation: Entertainment |
|
Business Overview:
The business is an established 21+ Broad Ripple bar and private event venue operating for approximately 25 years in the Indianapolis metro. It runs across three separately operable spaces — a main dance room (~170 capacity), a lounge (~70), and a third bar area (~50–60) — with total capacity of approximately 300 occupants.
The venue operates Wednesday through Saturday with themed weekly programming, while hosting 40–50 private events annually on a drink minimum model. The compartmentalized layout allows up to three simultaneous private parties before transitioning to public nightlife each evening.
Core operations are managed by a General Manager, supported by a bartending team averaging 7+ years of tenure.
Investment Considerations
• ~18 dedicated parking spots on-site; a rare competitive advantage where parking is a known barrier for competitors
• 40–50 private events annually on a drink minimum model; 19 already contracted through May 2026
• Loyal weekend crowd provide a stable, recurring customer base
• Type 210 3-way Indiana liquor license included in the sale
• Core bartending staff average 7+ years of tenure; minimal transition risk
Property Features and Assets:
Market Competition and Expansion:
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity