Local Grill & Bar For Sale
Location Indiana,United States
Asking Price Range $500K - $1.0M
Gross Revenues $712675
Net Profit / Cash Flow $87602
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1999
Number of Employees 10 - 19
Relocatable Not Disclosed
Number of Employees 10 - 19
Real Estate Owned
Description This local grill and bar has the benefit of four apartments and a large parking lot to accommodate its large customer base. This is a place where community comes together and customers become family and friends. Regulars start the morning off by stopping in for coffee and the lunch crowd keeps the staff hopping. Later in the day the after work crowd arrives to relax, socialize and enjoy the excellent food and a few drinks. Entertainment includes a DJ providing karaoke on Friday nights. At its time of purchase (1999), the building had a complete remodel and upgrade and was laid out for smooth production. The name, location, high-quality food and large horseshoe bar make it a very popular hangout. Total assets include $15,000 of inventory, $100,000 of equipment, fixtures and furnishings and building and land valued at $300,000. Located in Southwestern Indiana. Ask for portfolio number 555.
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