Profitable Bar & Grill w/ Valuable Real Estate

  • Property ID: 936
  • Date added: 12/17/21
  • Broker: Mark Gore - 317-523-0773
  • Asking Price: $ 849,000.00
  • Revenue: $ 1,200,000.00
  • Cash Flow: $ 252,000.00

Description

Bar drink photo    photo of comfi food dishProfitable Bar & Grill w/ Valuable Real Estate

Asking Price:  $849,000 includes Real Estate valued at $450,000
Revenue:  $1,200,000          Cash Flow: $252,000          Established:  1968
Business Description
You can own this neighborhood favorite!

Since 1968, this mainstay restaurant and bar has been serving great food and drinks to their community just north of Indianapolis. The full kitchen with multiple commercial broasters is ready to serve the dedicated patrons in the 4000 sq. ft. building and the extra-large patio. Even better, the real estate is included in this sale!

Noted for its daily food specials, this operation grosses $1.2 MILLION each year with an equally impressive net for the owner. Don’t delay, inquire today about this impressive turn-key business!


Detailed Information
Location:        Alexandria, IN

Employees:      26 FT

Facilities:            4,000 Sq. Ft. main building with full kitchen, several broasters, 900 sq. ft. patio and valuable real estate included in the Asking Price!

Financing:      Seller Financing – $250,000 down, just 6% interest.

Support & Training:     Owner will assist buyer in getting fully up and running.

Reason for Selling:       Owner wants to focus on their other business interests