Iconic Indy Restaurant & Pub Available!

Asking Price$2,200,000

Cash Flow
$346,861
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,289,063

InventoryNot Disclosed

FF&ENot Disclosed

Real Estate$1,800,000
Included in asking price
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Iconic Indy Restaurant & Pub Available!


Asking Price$2,200,000

Cash Flow
$346,861
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,289,063

InventoryNot Disclosed

FF&ENot Disclosed

Real Estate$1,800,000
Included in asking price
Business Description
One of Indy's most popular and long standing restaurant/pubs is available. The offering includes the real estate valued at approximately $1.8MM+-. This business has been serving happy customers for over 40 years and is located in a prime location with almost 7,000 vehicles a day passing the site according to INDOT's latest traffic count report --- and that is in addition to all the foot traffic! Tremendous brand recognition throughout Central IN....if you have lived in Indy more than a few years, chances are you have visited this location. The sellers have done a fabulous job of cultivating an environment of good food, good drink, and lots of fun for all their patrons. Many weekly regulars as the business is located in walking distance for thousands of surrounding homeowners. This is a rare chance to own and operate one of the cities oldest continuing restaurants in a terrific area. Cash Flow / SDE noted reflects 2023 profit plus rent that the owners currently pay themselves. Contact Scott Armstrong with interest or questions.
About the Business
Years in Operation
45
Employees
24
Facilities & Assets
The building is 3,200 square feet +-. It offers a a 100 seat patio, a 16 space parking lot (in a neighborhood where that’s unheard of!). Estimated value is $1,800,000.00. According INDOT 2023 traffic count, approximately 6,900 vehicles per day pass this location.
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
3,200
About the Sale
Transition Support
Sellers are open to training new owner as needed through agreed upon terms to insure an optimal transition to buyer.
Listing Info
ID
2287420
Listing Views
1787

Contact Seller

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Business Listed by: Scott Armstrong Indiana Equity Brokers

Listing ID: 2287420 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.