Downtown Indianapolis Bar and Restaurant

 Service / 90 views / New Listing

Price: $1,750,000.00

Don’t miss the opportunity to own this downtown Indianapolis bar and restaurant with real estate. The bar is a popular spot for everyone: from lunchtime workers to the party crowd. A large bar provides beer, wine, and cocktails. In fact, their sales mix is 60% alcohol and 40% food. An extensive menu covers all the bases. It includes:

  • Appetizers
  • Wings
  • Egg Dishes
  • Salads, Wraps & Sandwiches
  • Burgers & Pizza
  • Dessert

The bar and restaurant makes it easy to access its menu with online ordering for pickup or delivery. They use third party platforms for delivery orders. They have a large bar as well as booth and table seating in the dining area. It has ample outdoor seating and dedicated parking, too. Recent renovations and major equipment upgrades give the bar and restaurant a fresh look.

This bar and restaurant has the perfect location. Situated in Indianapolis’s busy downtown area, local museums, sports and entertainment venues, hotels, and office buildings surround it. It attracts tourists and locals alike. With close access to I-65, tourists and suburbanites can easily find it. That’s not to say it only attracts out-of-towners. Locals enjoy it, too. The fact that it is within walking distance for many (residents and downtown employees alike) makes it an attractive option for dine-in and carry out.

Not only does this bar and restaurant provide good food and beverages, but it also hosts events. Live music, karaoke, and trivia nights are just some of the exciting events offered. Although these things bring people in initially, it’s the fun, friendly atmosphere that keeps them coming back. In fact, they have an 85% repeat business rate. The Seller does advertise the business. It uses social media, sponsorships, and hosts events to get recognition. However, it’s the locals and review writers that encourage new people to try them out.

A new owner gets an existing business poised for future growth. It is rare to find any downtown business with real estate and dedicated parking. It’s even rarer to find such a popular spot among tourists, locals, and workers. This is your once in a lifetime deal. Contact us today!

 

Investment Considerations:

  • Simple Business Model
  • 60% Alcohol & 40% Food Sales
  • 85% Repeat Business
  • Real Estate Available
  • Carries a 210 Liquor License with Gaming & Catering
  • Outdoor Seating
  • Designated Parking
  • Positioned For Growth

Growth & Expansion Opportunities:

A new owner can grow the business by:

  • Using Target Marketing
  • Expanding Use of Third Party Delivery Services
  • Increasing Events
  • Offering Catering

Asking Price:

It is assumed that the Purchaser and/or Purchaser’s advisor (s) will possess sufficient financial sophistication to determine value and submit an offer to purchase.

Financial Information:

RevenueCash Flow
2023$1,785,409$340,115
2022$1,722,335$208,383
2021$1,861,922$914,833
2020$1,322,301$99,921

 

**For more information regarding this Downtown Indianapolis Bar & Restaurant click the link below. IBA requires a Non-Disclosure Agreement be signed before disclosing business details.**

Non-Disclosure Agreement

For more information on the business buying process, click here. Interested in our other businesses for sale? Click the “All Listings” button below.

  • Reason For Sale : Retirment
  • Year Established : 2000
  • Location : Indianapolis, Indiana
  • Cash Flow : $340,115
  • Revenue : $1,785,409
  • Listing # : N2142

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