Hospitality Sales Group - National Hotel Brokers

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Indianapolis Nightclub Restaurant,
Indianapolis, Indiana

Offered at $275,000*
Liquor License

Hospitality Sales Group has been retained to market for sale a commercial building and property located in Indianapolis, Indiana. The property is approximately 1/3 acre on a corner lot with improvements consisting of a 2,400 sq. ft. building and a paved parking lot with 30 spaces. The property has a current liquor license* and includes dining room furniture, kitchen fixtures and refrigeration equipment.

The property is located approximately 1½ miles east of downtown Indianapolis and less that ¼ mile North of Washington Street and about 250 feet south of New York Street. A $11.2 Million Community and Educational facility for the 2012 Superbowl will be constructed within a few blocks of this location. The interior of the building includes a kitchen, bar and dining room. The property was operated as a nightclub prior to closing and had approximate revenues of $230K in 2008 and $200K in 2009.

*3-way Liquor License may be sold separately depending on business case

Additional Information

HVAC Bryant Heat and Air
Flat Rubber Roof
2 Entrances/ exits
Total occupancy is 105 patrons
Fire Sprinkler System in Kitchen
Signage ready – existing pole in parking lot
Real estate includes all dining room furniture, kitchen, refrigeration equipment

Real estate and liquor license being marketed together or separate (depending on business case)
Minimal green space to maintain
Parking lot resurfaced in 2009
Exterior Mural painted on North wall in 2006

For more information on this property, contact:

Michael Burgett
Chief Operating Officer &
Managing Partner
317-509-9200 - Office
866-799-1708 - Fax
Contact:

The information contained on this page has been obtained from sources believed to be reliable. While we do not doubt its accuracy or credibility, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm the accuracy and completeness of this information. Any projections, estimates, assumptions or opinions used are for example only and do not represent or guarantee the current or future performance of the property. In considering this property, you should conduct an independent investigation of the property and consult with tax, financial and legal advisors to determine the property's suitability. This information is confidential, and for the sole purpose of identifying properties that are being offered for sale. All correspondence and inquiries should be made directly to Ron Burgett, and not to the hotels staff or management directly.

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