Popular Sports Bar & Grill - Prime Location - Indianapolis

Asking Price$620,000

Cash Flow
$165,742
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,190,787

Inventory$19,865
Not included in asking price
FF&E$169,874
Included in asking price
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Popular Sports Bar & Grill - Prime Location - Indianapolis


Asking Price$620,000

Cash Flow
$165,742
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,190,787

Inventory$19,865
Not included in asking price
FF&E$169,874
Included in asking price
Business Description
This Sports Bar is well maintained and has been consistently profitable for many years. The business is primely located and attracts a loyal customer base consisting of corporate patrons, neighborhood clientele, and local professionals. Due to its strong food program, it has also become a destination point for customers from surrounding communities. It has a great balance in sales with its strong food program generating approximately 47% of overall revenue and with its profitable alcoholic beverage sales generating around 53% of overall revenue. Thirty percent of revenue comes from the lunch trade. Although the bar emphases Indiana Beer, wine and liquor, the delicious pizza, steak, gourmet sandwiches, salads and soups help to attract numerous customers who enjoy the televised sporting events. The business has a fine reputation, and with a seating capacity of 212 it has been consistently profitable throughout many years.
About the Business
Years in Operation
24
Number of Employees
20
Facilities & Assets
The business is primely located among several nationally branded businesses. It has a fair market least for 5000 sq. ft. of highly desirable shopping center space.
Market Outlook / Competition
The sports bar has competitive advantages because of its longtime loyal customer base, seasoned employees, strong food program, and its high standing reputation in the community.
Opportunities for Growth
The business can grow further with hands-on ownership and attention to promotions, marketing and social media.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
5,000
Rent
$9,006.68 per month
Lease Expiration
8/31/2030
About the Sale
Seller Motivation
Owner is nearing retirement and wants to relocate to be near family.
Transition Support
Negotiable
Listing Info
ID
2111349
Listing Views
2421

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Business Listed by: Dan Replogle, CBI, CBC, CCIM, M&AMI Midwest Business Brokers Inc.

Listing ID: 2111349 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.