Bar for Sale with $293K in Earnings on Sales of $1.5M in Sales

Description

Franchise bar and restaurant for sale in Indiana.

Annual sales are approximately $1.5 million.

Projected 2025 owner earnings are approximately $293,930. Financial records are available to qualified buyers.

The restaurant occupies approximately 2,488 sq. ft. and has seating for about 155 guests.

Menu and operation

• Wings
• Burgers
• Quesadillas
• Craft cocktails
• Wine
• Beer

Current hours are 11:00 AM to 9:00 PM Sunday through Thursday and 11:00 AM to 10:00 PM Friday and Saturday.

Staff and franchise terms

• 34 employees
• 4% franchise royalty
• 2.5% marketing contribution
• $20,000 franchise transfer fee
• Training from the franchisor and current owner

The seller states that the current employees are expected to remain after the ownership transition.

Monthly rent is approximately $3,600. The current lease runs through 2028 and includes a 10-year renewal option.

The listing states that SBA financing may be available to qualified buyers with approximately 15% down, subject to lender and SBA approval.

Buyers are expected to provide financial prequalification and proof of funds of approximately $250,000 before receiving full information.

Seller financing may also be available with a minimum 40% down payment, subject to final terms agreed with the seller.

A buyer could develop catering, takeout, delivery and additional local partnerships.