Broad Ripple 21+ Bar & Event Venue
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
Growth Opportunities
- Credit card processing fee pass-through (~3%) generates immediate bottom-line improvement with zero investment
- Upgrade to a modern POS with loyalty and email marketing capabilities; existing ~1,000-person email list ready to activate
- Expand rooftop to standalone daytime/early evening summer bar, capturing foot traffic independent of nightclub
- Introduce bottle service and VIP reservation tiers for
- Friday and Saturday nights
- Hire a dedicated private party promoter to grow the 40– 50 annual event pipeline
Financial Information
| Revenue | |
| 2025 | $609,315 |
| 2024 | $696,017 |
| 2023 | $791,264 |
*For more information regarding this Broad Ripple 21+ Bar & Event Venue for sale click the link below. IBA requires a Non-Disclosure Agreement be signed before disclosing business details.**
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