Southeastern Indiana Restaurant with Real Estate

Indiana

Asking Price:	$400,000
Gross Revenue:	$826,807
Real Estate:	$450,000

Cash Flow:	$221,557
Inventory:	$5,000

Listing ID: 2216755Listing provided by BizBuySell

BUSINESS DESCRIPTION

This is your opportunity to continue the legacy of this southeastern Indiana restaurant with real estate for sale. Part of a close-knit community, it attracts both locals and visitors alike. In fact, people come from all over Indiana and surrounding states to enjoy a great meal. Not only does it serve some of the best Southern comfort food around, but it does it with Hoosier hospitality, too!

Customers feel like guests when they step into this restaurant. From the warm welcome to the excellent service, the staff works hard to create a friendly dining experience. The menu tempts diners with appetizers, sandwiches, salads, sides, and entrees. Portions are hearty, with the house specialty being the main attraction. Beer, wine, or cocktails are an enjoyable addition to any meal.

Part of the restaurant’s charm is due to the old-fashioned, sit-down atmosphere. The walls showcase memorabilia. The main dining room seats 120 patrons in booths or at tables. Additional seating for 11 is available at the full bar while the patio seats 16. Parking is available. As a result of the dedicated staff and good food, the restaurant has an 85% repeat customer rate.

Fully staffed, the restaurant is completely turnkey. Not only is real estate available, but the sale includes FF&E and the 210 liquor license, too. There are even more attractive details that we can’t share, as they give the business away. We ask that you fill out a non-disclosure agreement if you are interested in learning more.

Ready to make your own mark? Ready to build on this solid foundation? Want to continue the success of this restaurant? Then don’t hesitate! Contact us today to learn how you can make this restaurant yours!

Investment Considerations:
• Absentee Owned
• Popular Menu
• Seats 150
• $700K Revenue from Single Menu Item
• Management & Staff In Place
• Recent Upgrades
• 85% Repeat Business Rate
• Can Scale to $1M/Year with Current Staff & Owner
• 210 Liquor License Included in Sale
• Real Estate Available

ATTACHED DOCUMENTS

Profile SE Indiana Restaurant with R.E..pdf Download

DETAILED INFORMATION

Location

Indiana

Inventory

Not Included in asking price

Real Estate

Owned

Building SF

3,000

Employees

Facilities

The real estate is owned by the Seller. The facility is 3,000 SF on .75 AC. The Seller is willing to sell the real estate or lease it for fair market value. The estimated real estate value is $450,000

Competition

Competition comes from local area restaurants. However, this restaurant’s reputation draws in customers.

Growth & Expansion

A new owner can grow the business by: • Expanding Business Hours • Diversifying the Menu • Offering Local Area Beer & Wines • Offering Catering • Using Food Apps • Offering Online Ordering & Reservations • Putting In Place a Marketing Plan • Advertising Locally • Increasing Online Presence • Using Cost Control Measures

Support & Training

The Seller is willing to train and transition the new owner for a mutually agreed upon time immediately following closing .Indiana’s single location full-service restaurant industry is growing. The projected annual growth rate for revenue is 2.2% from 2023 to 2028. Locations, employees, and wages are all expected to increase.

Reason for Selling

The Seller wants to spend more time with family.

Report an Issue with this listing