Upscale Casual Diner with Wine Bar - Indy's Restaurateur Oasis

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Asking Price:
$249,000

Gross Revenue:
$789,231
Cash Flow:
$109,817
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$7,500
not included in asking price

FF&E:
$85,000
included in asking price

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Business Description

If you answer yes to the following questions, then you need to see this upscale casual diner with wine bar for sale!

• Do you enjoy offering excellent food?
• Do you want a restaurant in a popular neighborhood?
• Are you ready to be part of a great community?

This upscale casual diner with wine bar, operating for 16 years, offers comfort food with a gourmet twist. Reviewers describe it using words like “amazing”, “great”, and “love”. These excellent reviews bring in curious new customers from around the Indy metro area. Tasty traditional recipes with unexpected ingredients keep them coming back. Locally sourced ingredients and made from scratch meals contribute to high dinner volumes. Also, as a neighborhood favorite, it sees a strong local lunch crowd.

The beautifully decorated upscale casual diner with wine bar is 2,400 square feet. Two dining areas and the bar seat about 100 while the enclosed patio seats 20. White table cloths, wood floors, and unique touches create a welcoming space. Hands-on owners employ talented local chefs. Local servers are friendly, knowledgeable, and efficient. While it is considered a great place for family and friends, it is perfect for date night, too. The fully-equipped kitchen is ideal for trying out new recipes. Parking is available in the lot or on the street. It carries a beer and wine license.

It is highly visible as the end unit of a shopping center in the main shopping district. A high traffic road, seeing over 17,274 vehicles daily, runs right outside the door. Eye catching signs make it easy to spot. It is close to downtown, major interstates, and area attractions. The neighborhood is a perfect blend of past and present. It attracts families and businesses looking for stability and affordability. Strong community involvement keeps the area’s history and charm. As result, it also helps with business growth. This popular neighborhood is an ideal place to live and work.

About the Business

Location:
Indianapolis, Indiana
Year Established:
2003
Number of Employees:
1 FTE, 12 PTE
Real Estate:
Leased
Building Sq. Ft.:
2,400
Rent:
$3,400.00 Per Month
Facilities:
2,400 sq. ft. leased space
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About the Sale

Reason For Selling:
Retirement
Training/Support:
Seller will negotiate a transition period

Listing Info

ID:
1583347
Ad Detail Views:
0

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Indiana Business Advisors

Indiana Business Advisors

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