Bar & Restaurant For Sale - Indianapolis, IN - Marion County

PROFILE: High Volume Upscale Bar & Restaurant. Prime Downtown Location.

AD/LISTING INFORMATION
Status: Available
State: Indiana
Location: Indianapolis
County: Marion
City: Indianapolis
Primary Category: Restaurant Related
Alternate Category:   None Given
CONTACT INFORMATION  
USABizMart Ad #:  132015
Seller Or Contact:  Gary Stehle
Primary Phone:  317-573-2100
Alternate Phone:  None Given
Email Address:  See Form Below
Date Ad Started:  9/20/08
Date Ad Last Revised:   9/20/08

FINANCIAL INFORMATION
Asking Price: Negotiable
Down Payment: Negotiable
Annual Revenue: $4,500,000
Annual Adjusted Net: $635,000
   
DETAILED INFORMATION
Franchise: No
Relocatable: No
Home Based: No
Lifestyle: No
Real Estate Included: No
Bkr To Bkr Cooperation: Call

DESCRIPTION: 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 $4.5M 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.

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