Located about an Hour West of Ft Wayne Indiana, this Profitable Restaurant and Bar for Sale is Offered For Sale By We Sell Restaurants includes the Real Estate for UNDER $700,000. Open and Operating for Five Years, this Local Favorite is currently generating Over $800,000 in Annual Revenue, providing an Owner Operator with Discretionary Earnings of $85,000 with Plenty of Upside!
Starting with the real estate, which is being marketed by We Sell Restaurants on behalf of a licensed real estate agent in the state of Indiana, site consists of a level lot containing approximately 7,611 square feet of total site area. All municipal utilities are available and utilized by the subject site. The zoning classification is General Business, an acceptable classification for the existing and highest and best use. Interior of this
Bar for Sale is close to 4300 square feet. There is plenty of nearby parking. Using 2019 appraisal as a basis and allowing for reasonable appreciation over the past three years plus leasehold improvements,, the property is valued conservatively in the $400s.
The Restaurant and Bar for Sale by
We Sell Restaurants takes up around 4000 Square feet and can seat 150. There is a full bar and appealing menu that has something for everyone. Whether you are just there for a few beers or cocktails and want some loaded fries or fried pickles, or maybe a quick bite like a sandwich, salad, wrap, or burger, there is plenty of delicious choices. Or if a full course dinner is preferred, there are lots of options including made-from-scratch steaks and pastas with homemade sides. The restaurant is fully equipped. The kitchen contains a Double Fryer, Gas Grill, Flat Top, Stove, Steam Table, Heat Lamps, Microwaves, Reach in Cooler & Freezer, Prep Cooler, Ice maker, Hood with fire suppression and grease trap. There's a separate bar area with Bottle Cooler, Bottle Wells, and Wine Cooler. Walk-in coolers, walk-in freezer and storage are located in the basement.
Contact your Restaurant Brokers at We Sell Restaurants to learn more about this amazing bar and Restaurant for under $700,000 that includes the real estate. No rent to pay or Landlords to deal with along with the financial benefits of owning the property. Interest buyers will be asked to agree to confidentiality and provide proof of funds/liquidity of at least $150,000 in order to receive details.
This is a Certified Pre-Owned Restaurant® the highest standard for restaurant listings. It has been reviewed by a Certified Restaurant Broker® and has verifiable Sellers’ Discretionary Earnings (SDE). It has been listed based on the strictest industry standards and if SBA lending is advertised, the business earnings qualify subject to Lender’s review & approval.
The Business Analysis Tool with the latest profit & loss information is available for immediate review by qualified buyers and has been evaluated based on industry guidelines for expense ratios.
The equipment in the store transfers free and clear of any liens subject to UCC Lien search by closing agent. If the space is leased, it is available for assignment, extensions, renewal or new agreement for qualified buyers and if the business is a franchise, it meets the criteria for transfer for assignment of the franchise.
The acquisition of a Certified Pre-Owned Restaurant® includes the services of a Certified Restaurant Broker® at no cost to the buyer.
Please click on the tab below to easily acknowledge confidentiality on this . For many business opportunities, you will immediately receive the name, address, photos, and most recent financials. If you have any questions, please contact Certified Restaurant Broker Steve Weinbaum at (770) 714-4552
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