Broad Ripple Bar & Eatery

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Turn-key FF&E, 3-way Liquor License (210) & Prime Location Lease
Asking Price:
$125,000

Gross Revenue:
 Not Disclosed
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

This independent bar & eatery package is perfectly positioned to allow a soon-to-be or established restaurantuer to thrive in the highly desirable Broad Ripple area. This property features a prime location at the intersection of Westfield Blvd. & Guilford Ave. with the heavily traveled Monon Rail turned pedestrian trail less than a block away. This package is being offered at auction complete with bar & restaurant seating package for over 160, kitchen equipment, bar coolers & 3-way liquor license with carryout grandfathered.

Make this unique bar & eatery your own in this perfectly suited pocket of Indianapolis whose population just swelled with the start of Butler's fall semester!

Bidding occurs on October 1st at 10:00 AM both in-person and online. The price of the FF&E and 3-way liquor license will be determined on auction day, but the lease structure and rental rate has been predetermined by the landlord. See the attached Due Diligence Packet for complete information and the Non-Disclosure, which can be returned to release the full lease for review.

About the Business

Location:
Indianapolis, Indiana
Year Established:
2018
Number of Employees:
0
Real Estate:
Leased
Building Sq. Ft.:
4,100
Rent:
$4,106.71 Per Month
Lease Expiration:
10/31/2024
Facilities:
The new owner will get the benefit of approximately 4,100 square feet of space with about 2,050 SF of space on both the street and lower level. The lower level has been finished out and used by The Corner and past tenants, but landlord allows use in "as-is" condition and use at your own risk.

See the due diligence packet for a full asset list, liquor license info & more.
Website:
www.keyauctioneers.com/2019/10/01/broad-ripple-bar-and-eatery/
Growth & Expansion:
There is significant growth opportunity. For the past two years, The Corner had targeted an upscale patron as a home for live music, small plates and "the best wine selection" in Broad Ripple. They were open to the public Thursday lunch - Sunday dinner and available to host private events Monday - Wednesday.
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About the Sale

Reason For Selling:
The Corner has closed. The owners and landlord both want a turn-key buyer.
Training/Support:
There is no training or support that will be available to the new buyer.

Listing Info

ID:
1475164
Ad Detail Views:
971

Attached Files Attachment Disclaimer

  Floor Layouts (186 KB)
Download

  Non-Disclosure - Required for fu... (44 KB)
Download

  Due Diligence Packet (5 MB)
Download



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Business Listed by
Seth Seaton

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