Popular Sports Bar & Grill - Prime Location - Indianapolis

Marion County, IN
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Asking Price:$620,000
Gross Revenue:$1,190,787
Rent:$9,006.68/Month
Established Year:2001
Cash Flow:$165,742
Inventory:$19,865
FF&E:$169,874
BUSINESS DESCRIPTION

This Sports Bar is well maintained and has been consistently profitable for many years. The business is primely located and attracts a loyal customer base consisting of corporate patrons, neighborhood clientele, and local professionals. Due to its strong food program, it has also become a destination point for customers from surrounding communities. It has a great balance in sales with its strong food program generating approximately 47% of overall revenue and with its profitable alcoholic beverage sales generating around 53% of overall revenue. Thirty percent of revenue comes from the lunch trade. Although the bar emphases Indiana Beer, wine and liquor, the delicious pizza, steak, gourmet sandwiches, salads and soups help to attract numerous customers who enjoy the televised sporting events. The business has a fine reputation, and with a seating capacity of 212 it has been consistently profitable throughout many years.


DETAILED INFORMATION
Location
Marion County, IN
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
5,000
Lease Expiration
31/08/2030
Employees
20
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The business is primely located among several nationally branded businesses. It has a fair market least for 5000 sq. ft. of highly desirable shopping center space.
Competition
The sports bar has competitive advantages because of its longtime loyal customer base, seasoned employees, strong food program, and its high standing reputation in the community.
Growth & Expansion
The business can grow further with hands-on ownership and attention to promotions, marketing and social media.
Support & Training
Negotiable
Reason for Selling
Owner is nearing retirement and wants to relocate to be near family.
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Dan Replogle, CBI, CBC, CCIM, M&AMI
Midwest Business Brokers Inc.
Dan Replogle, CBI, CBC, CCIM, M&AMI