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Neighborhood Bar, w/Real Estate Included

This neighborhood bar, established for over 40 years, is housed in a free standing building with its own parking lot. It easily seats 50 patrons. It offers them a friendly place to meet friends, drink and play darts in a remodeled venue. It carries a 3-way (210) liquor license. A new owner could take advantage of the kitchen with the (very nice!) large pizza oven, which is currently not in use.

Gross Revenue is $15,000/month. Located in downtown Indianapolis within one mile of the new stadium. Besides the current owner(s), there are three employees. With exception of the current executive management, it is not anticipated that there will be any employee turnover resulting from the sale.

The real estate is owned by the seller of the business. The building is 1,500 sq. ft. The real estate is included in the sale, and is valued at $160,000. The equipment is in good 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.

The purchase price does not include $3,500 of inventory valued at the seller’s cost. The seller will consider financing a portion of the sale with a substantial downpayment.