Popular Sports Bar & Grill - Prime Location - Indianapolis
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 |
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.