South Side Bar & Grill

Indianapolis

Asking Price: $289,000 Revenue: $500,000 FF&E: $50,000 Established: 1963

Business Description
Popular South Side Bar & Grill with Real Estate - half mile from major university in Indianapolis
50 year old Bar and grill. Includes valuable Real Estate.
Well known bar. Current owners 19 years and is ready to retire.   Noted for nightly Karaoke, great food and low food and drink prices.

Detailed Information
Furniture, Fixtures, & Equipment (FF&E):    $50,000 Included in asking price

Inventory: $9,000 (Included in Asking Price)

Employees:   2FT, 11 PT

Facilities:   2,000 Sq. Ft.

Competition:     This is the GO TO place in the area, needs a little Love

Growth & Expansion:   Some upgrades will pay dividends

Financing:        $89,000 down payment, balance of note @ 6%

Support & Training: two weeks is included in the purchase price

Reason for Selling:       Retirement

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