Bar for Sale with $293K in Earnings on Sales of $1.5M in Sales - Business for Sale
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Franchise Bar Serving Food and Drinks in Peru, IN
Peru, IN, US
Added 3 months ago
Bar & Restaurant
19 years in business
Retiring Owner
This is a national franchise bar located in Peru, Indiana, operating for 19 years and serving food and drinks in a 2,488 sq ft space with seating for 155 guests.
Key Information
Asking
$899K
Revenue
$1.5M
Earnings
$294K
Multiple
3.1x
Key Highlights
- Business operates in 2,488 square feet with seating for 155 guests
- 19 years in operation
- Franchise business with ongoing fees: 4% royalty, 2.5% marketing fund, and $20,000 transfer fee at closing
- Lease is $3,600 per month, valid through 2028 with a 10-year renewal option
- Team of 34 employees will remain in place
- SBA lending available with 15% down; owner financing available with 40% down
Contact Info
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