Business For Sale Listing 154335
Upscale Downtown Indy Bar & Restaurant
Status as of Dec-1-2008 at 05:59 PM: Active
Business Summary
High Volume Upscale Bar & Restaurant - one of Indy’s top destinations! 3 way Liquor license. Prime downtown location. Lot’s of amenities.
For 2007, the business had gross revenue of more than $4.5MM and EBITDA of $635,000, with 40% Food; 28% Liquor; 32% Other.
There is currently a full management staff in place that runs the facility. A new owner could choose to be absentee and keep the management in place if so desired.
The equipment is in excellent condition. A detailed schedule of assets to be included in the sale is available upon request. The seller is willing to train and transition the Purchaser for a mutually agreeable period immediately following closing to ensure a smooth and seamless transition.
Only financially qualified prospects will be provided detailed information.
Categories
Industry
Location
Financials
| Sales: |
Between $2.5 Million And $5 Million (4,500,000) |
| Profits: |
Between $500 Thousand and $1 Million (635,000) |
| Profit Type: |
Cash Flow |
| Fiscal Year: |
2007 |
| Asking Price: |
Not Disclosed |
