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Restaurant For Sale - Central Indiana, IN |
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| PROFILE: Quaint Small Town Restaurant With A Big City Quality, Service And Atmosphere! |
| Status: |
Available |
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| State: |
Indiana |
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| Location: |
Central Indiana |
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| County: |
None Given |
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| City: |
None Given |
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| Primary Category: |
Restaurant Related |
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| Alternate Category: |
None Given |
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| USABizMart Ad #: |
131379 |
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| Seller Or Contact: |
Gary Stehle |
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| Primary Phone: |
317-573-2100 |
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| Alternate Phone: |
None Given |
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| Email Address: |
See Form Below |
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| Date Ad Started: |
11/17/08 |
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| Date Ad Last Revised: |
11/17/08 |
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| Asking Price: |
$95,000 |
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| Down Payment: |
Call |
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| Annual Revenue: |
$364,385 |
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| Annual Adjusted Net: |
$59,468 |
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| Franchise: |
No |
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| Relocatable: |
No |
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| Home Based: |
No |
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| Lifestyle: |
No |
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| Real Estate Included: |
No |
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| Bkr To Bkr Cooperation: |
Call |
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DESCRIPTION: Quaint Small Town Restaurant With A Big City Quality, Service And Atmosphere. This Is Truly A Restaurant That Any Restaurateur Would Be Proud Of Calling Their Own. Situated On Approximately One Acre Of Ground Is The 11,000 Sq Ft Restaurant With Ample Indoor And Outdoor Seating And Ample Parking.
Restaurant Includes Bar, Banquet Facilities, As Well As Veranda And Patio Seating. This Is Truly A Must See Opportunity!
Besides The Current Owners, There Are 12 Full-Time 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. There Is Approximately 1 Acre Of Land. The Building Is Approximately 11,000 Square Feet. The Seller Is Willing To Sell The Real Estate At Fair Market Value Or Lease It For Terms And Conditions To Be Negotiated Prior To Closing. Should The Purchaser Elect To Lease, The Seller Is Willing To Provide The Seller With A First Right Of Refusal. The Equipment Is In Good Condition. A Detailed Schedule Of Assets To Be Included In The Sale Is Available Upon Request.
The Owner Is In The Process Of Going Through Seminary School And Does Not Have Enough Time To Oversee The Business. 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 Asking Price Of $95,000 Includes Approximately $150,000 Of Furniture, Fixtures & Equipment. Real Estate Is Also Available At Fair Market Value. The Purchase Price Does Not Include Inventory Of Approximately $15,000 To $20,000 Valued At The Seller’s Cost. Motivated Seller! |
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