Established Neighborhood Bar with Limited Owner Involvement
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This is an opportunity to acquire a well-established neighborhood bar in Fort Wayne, Indiana. The business has developed a loyal customer base and has been a long-standing part of the local community.
One of the attractive features of this opportunity is the limited owner involvement. The current owner spends approximately 10 hours per week working in the business, with day-to-day operations supported by an experienced staff.
The business offers beer, wine, liquor, and food in a casual neighborhood atmosphere. The sale includes approximately $248,000 in assets, including furniture, fixtures, equipment, and a three-way liquor license. Approximately $7,000 in beer, wine, and liquor inventory is also included.
The seller has made several significant improvements in recent years, including a newer roof, HVAC system, newly repaved parking lot, walk-in cooler, ice machine, deep freezer, and other equipment upgrades.
This opportunity could be a good fit for an owner-operator looking to increase profitability through greater involvement or an experienced bar and restaurant operator looking to add an established location in the Fort Wayne market.
One of the attractive features of this opportunity is the limited owner involvement. The current owner spends approximately 10 hours per week working in the business, with day-to-day operations supported by an experienced staff.
The business offers beer, wine, liquor, and food in a casual neighborhood atmosphere. The sale includes approximately $248,000 in assets, including furniture, fixtures, equipment, and a three-way liquor license. Approximately $7,000 in beer, wine, and liquor inventory is also included.
The seller has made several significant improvements in recent years, including a newer roof, HVAC system, newly repaved parking lot, walk-in cooler, ice machine, deep freezer, and other equipment upgrades.
This opportunity could be a good fit for an owner-operator looking to increase profitability through greater involvement or an experienced bar and restaurant operator looking to add an established location in the Fort Wayne market.
About the Business
- Employees
- 4 Full-time
- Facilities & Assets
- The real estate consists of three parcels and includes the main building occupied by the business, a second building, and additional parking.
The main building contains approximately 6,096 square feet and includes the bar and restaurant area, storage space, and two apartments on the upper level, providing additional rental income potential.
The second building contains approximately 1,106 square feet and is in need of renovation but provides an opportunity for a buyer to create an additional source of rental income or utilize the space for another purpose.
The property also includes additional parking and has benefited from recent improvements, including a newer roof, HVAC system, and repaved parking areas. - Market Outlook / Competition
- The business has operated in the Fort Wayne market for many years and has developed an established base of regular and repeat customers. While the neighborhood bar and restaurant market is competitive, the business benefits from its long operating history, loyal customer base, established location, and strong community presence. These factors provide a solid foundation for a new owner to continue operating the business and pursue additional growth opportunities.
- Opportunities for Growth
- There are several opportunities for a new owner to grow the business, particularly through increased owner involvement, expanded marketing, and additional promotions and events. A new owner could also evaluate the current food and beverage offerings, pricing, and entertainment options to identify opportunities to increase sales and profitability. The business’s established customer base provides a solid foundation for continued growth.
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- The seller is willing to provide training and transition assistance to help ensure a smooth transfer of ownership. The specific length and terms of the training period can be negotiated based on the buyer’s experience and needs.
Listing Info
- ID
- 2548461
- Listing Views
Listing ID: 2548461 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 of Use. Learn how to avoid scams.
Businesses for SaleIndiana Businesses for SaleIndiana Food & Beverage Businesses for SaleIndiana Bars & Taverns Businesses for Sale
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