MergerPlace

North Central Indiana Mom & Pop Restaurant for sale

Central Indiana, Indiana (Fulton)


  • Asking Price: $220,000
  • Gross Income: $779,929
  • Cash Flow: Not Disclosed
  • Real Estate: $750,000
  • Inventory: $9,000
  • FF&E: $100,000
  • Listing ID: #205845
  • Established: 1939
  • Employees: 5

Business Description

Whether you are millennial seeking that “authentic” experience or someone who values tradition, this North Central Indiana mom and pop restaurant for sale offers up both! Family owned/operated for nearly 80 years, it serves up good food and a great experience. The restaurant has an extensive menu of traditional American food and beverages. It is known for its fun specialty sodas.

Ideally located in quaint North Central Indiana town, the restaurant invokes a sense of nostalgia. It has a strong following of locals and visitors. Many repeat customers just have to have a meal whenever they are visiting in the area as it brings back happy childhood memories. Visitors travelling through enjoy a change from the typical fast food chains. The staff is made up of locals who are professional, courteous, and efficient. It easily seats 150 and has a private dining room for larger groups. Its menu is available for dine-in and drive-thru. It is close to major attractions and is easily accessible from a major highway.

The restaurant is located in a great North Central Indiana town. The town has a high employment rate of 95.9%, which means its economy is thriving. It is surrounded by places to enjoy outdoor activities such as multiple golf courses, lakes, trails, and parks. There are museums, local events and festivals, shopping venues, and arts that all encourage a visit. Many universities and colleges are located nearby.

The restaurant industry is booming. Mom and pop places are outpacing big restaurant chains. They are perceived as offering more authentic experiences, having better food, service, and deals, and decor that is selected by the owners. These independent restaurants are well-received by older and younger generations. This segment of the restaurant industry is expected to see annual revenue grow of 5% through 2020.

A social media savvy new owner/operator could easily increase traffic by reaching out to millennials looking for an Instagram-able experience. Community involvement could also increase exposure and traffic count. Don’t miss out on your chance to keep tradition alive in thriving community!


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Indiana
Metropolitan Area: Central Indiana
County: Fulton

Company Information

Year Established: 1939
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 5

Financial Information

Asking Price: $220,000
Gross Revenue: $779,929
EBITDA: $91,572
FF&E: $100,000
Inventory: $9,000
Real Estate: $750,000
Seller Financing Available: Yes

Property Information

Reason for selling:

Retirement

Support & Training:

Seller will negotiate a transition period

Contact Business Seller

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Business Listed By:

Brian Knoderer

Sunbelt Indianapolis