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- RE: Southeastern Indiana Restaurant With Real Estate
- Contact: Jamar Cobb-Dennard
Quick Facts
Asking Price: | $400,000 | |
Annual Revenue: | $826,807 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $221,557 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | $450,000 | |
Year Established: | Not Disclosed | |
Employees: | 8 | |
BBN Listing #: | SB-54555 | |
Broker Reference #: | INDIAIN001-54555 |
Business Overview:
This is your opportunity to continue the legacy of this southeastern Indiana restaurant with real estate for sale. Part of a close-knit community, it attracts both locals and visitors alike. In fact, people come from all over Indiana and surrounding states to enjoy a great meal. Not only does it serve some of the best Southern comfort food around, but it does it with Hoosier hospitality, too! Customers feel like guests when they step into this restaurant. From the warm welcome to the excellent service, the staff works hard to create a friendly dining experience. The menu tempts diners with appetizers, sandwiches, salads, sides, and entrees. Portions are hearty, with the house specialty being the main attraction. Beer, wine, or cocktails are an enjoyable addition to any meal. Part of the restaurant’s charm is due to the old-fashioned, sit-down atmosphere. The walls showcase memorabilia. The main dining room seats 120 patrons in booths or at tables. Additional seating for 11 is available at the full bar while the patio seats 16. Parking is available. As a result of the dedicated staff and good food, the restaurant has an 85% repeat customer rate.Fully staffed, the restaurant is completely turnkey. Not only is real estate available, but the sale includes FF&E and the 210 liquor license, too. There are even more attractive details that we can’t share, as they give the business away. We ask that you fill out a non-disclosure agreement if you are interested in learning more.Ready to make your own mark? Ready to build on this solid foundation? Want to continue the success of this restaurant? Then don’t hesitate! Contact us today to learn how you can make this restaurant yours! Investment Considerations: •Absentee Owned•Popular Menu •Seats 150•$700K Revenue from Single Menu Item•Management & Staff In Place•Recent Upgrades•85% Repeat Business Rate•Can Scale to $1M/Year with Current Staff & Owner•210 Liquor License Included in Sale•Real Estate AvailableTo request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
The facility is approximately 3,000 SF. Seating capacity is for 150. It seats 120 in the main dining room with seating for 11 at the bar. Patio seats 16.Market Competition and Expansion:
Competition comes from local area restaurants. However, this restaurant’s reputation draws in customers. Indiana’s single location full-service restaurant industry is growing. The projected annual growth rate for revenue is 2.2% from 2023 to 2028. Locations, employees, and wages are all expected to increase.Reason for Selling:
The Seller wants to spend more time with family.Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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