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Indianapolis Area Sports Bar For Sale

Indianapolis, IN
N2171 Sports Bar
Asking Price:$900,000
Gross Revenue:$2,554,946
Cash Flow:$351,756
Established Year:2018
Listing ID: 2301554Listing provided by BizBuySell
BUSINESS DESCRIPTION

This is not your typical Indianapolis area sports bar. A bar/restaurant for 20 years, an ownership group bought it several years ago. Their goal was to turn it into a true sports bar where everyone could hang out and have a great time. And they succeeded! This sports bar has everything a good sports bar should:
• 30+ TVs
• Electronic Dart Boards
• Stage & Dance Floor
• Large Patio with Seating
Not only does it have fun things to do, but it hosts events, too! These include trivia nights, bingo, karaoke, and live music on the weekends. Since they only serve the 21 and over group, there is no worrying about kids. Adults can kick back and enjoy a night out.

With a large central bar, seating for 256, and about 60 parking spaces, this sports bar can handle crowds. Their reputation for quality drinks and excellent food means customers come every night of the week. Not only do customers dine in, but they use the online platform for to-go orders. In fact, this sports bar is happy to accommodate groups, parties, and those celebrating special events. With their excellent reputation and a full, freshly made, and innovative menu it’s no wonder they get such good reviews. It also explains why they offer catering.

The sports bar has a great location. Situated in a primary retail corridor, it sees about 34,027 vehicles pass by daily. Not only is it in a high traffic area, but it’s also in a dense residential area. In fact, the daytime population within a one-mile radius is 10,068. This makes the sports bar a great lunch and early dinner destination.

Even though all members of the ownership group share oversight, only one partner works full-time at the bar. With jobs and other businesses demanding more time and their goal reached, it is now time to sell. A new owner gets a truly turn-key business with management and staff in place. Contact us today as this one won’t be on the market long!

Investment Considerations:
• 3-Way Liquor License & Gaming License
• Large Offering of Fresh, Made from Scratch Menu Items
• Local Beers on Tap
• Full Bar
• Seats 256 Including Patio Seating
• Fully Staffed Plus Full Time Manager
• Large Patio
• Live Entertainment
• Online Ordering
• Catering
• Ample Parking

ATTACHED DOCUMENTS
N2171 Profile Indy Area Sports Bar.pdf Download
DETAILED INFORMATION
Location
Indianapolis, IN
Inventory
Not Included in asking price
Employees
27
Facilities
The facility is approximately 5,500 SF with monthly rent of $11,227.86 including CAM charges. The lease has 7 years remaining. It has a large, central bar with seating for 256 both indoors and outdoors.
Competition
This sports bar is part of the food and beverage industry. It is one the 1,478 drinking establishments in Indiana. In 2024, the industry is expected to directly contribute $25.44B to Indiana’s economy with 285,962 employees and $7.33B in labor income. While customers can choose to go to other sports bars, they keep coming back here for the excellent service, food, and live entertainment.
Growth & Expansion
There are ample opportunities for a new owner to grow the business. These include: • Target Market Surrounding Residences • Increase Catering Sales • Partner with Nearby Hotels to Reach More Customers
Support & Training
The Seller is willing to train and transition the new owner for a mutually agreed upon time immediately following closing.
Reason for Selling
Owned by a partnership, it is time to exit per the growth plan.
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