Broad Ripple 21+ Bar & Event Venue

$365,000.00
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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.**

Non-Disclosure Agreement

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Reason For Sale
Retirement
Location
Indianapolis
Revenue
$609,315
Listing #
N2243
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