Location in the heart of Broad Ripple at the intersection of Westfield Blvd. & Guilford Ave.
Street Level Dining Room
Lower Level Bar / Dining Room
Aerial of Property. Neighbors include Qdoba, Brother&#39;s, Kilroy&#39;s, Runner&#39;s Forum, Kroger &amp; 1 Block from Monon Trail!
Asking Price: $125,000 Gross Revenue: Not DisclosedCash Flow: Not DisclosedEBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
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
Number of Employees:
Building Sq. Ft.:
$4,106.71 Per Month
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.
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.
The information on this listing has been provided by either
the seller or a business broker representing the seller. BizQuest has no interest
or stake in the sale of this business and has not verified any of the information
and assumes no responsibility for its accuracy, veracity, or completeness. See our
full Terms & Conditions.