Iconic Indy Restaurant and Pub Available
One of Indy's most popular and long standing restaurant/pubs is available. The offering includes the real estate valued at approximately $1.8MM+-. This business has been serving happy customers for over 40 years and is located in a prime location with almost 7,000 vehicles a day passing the site according to INDOT's latest traffic count report --- and that is in addition to all the foot traffic! Tremendous brand recognition throughout Central IN....if you have lived in Indy more than a few years, chances are you have visited this location. The sellers have done a fabulous job of cultivating an environment of good food, good drink, and lots of fun for all their patrons. Many weekly regulars as the business is located in walking distance for thousands of surrounding homeowners. This is a rare chance to own and operate one of the cities oldest continuing restaurants in a terrific area. Cash Flow / SDE noted reflects 2023 profit plus rent that the owners currently pay themselves.
Sellers are open to training new owner as needed through agreed upon terms to insure an optimal transition to buyer.
The building is 3,200 square feet +-. It offers a a 100 seat patio, a 16 space parking lot (in a neighborhood where that’s unheard of!). Estimated value is $1,800,000.00. According INDOT 2023 traffic count, approximately 6,900 vehicles per day pass this location.
