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Broad Ripple Craft Brewery & Eatery

Indianapolis, IN (Marion County)

Broad Ripple Craft Brewery & Eatery
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Asking Price: $275,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: 2010

Broad Ripple Craft Brewery & Eatery

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Business Description

Turn-key Asset & 3-way Liquor License (210) w/ Prime Location Sublease

This Craft Brewery & Eatery package is perfectly positioned to allow an established or soon-to-be brewery to thrive in the highly desirable Broad Ripple area. This property features a prime location on the main drag with the heavily traveled Monon Rail turned pedestrian trail adjacent and something not everyone in Broad Ripple has the ability to acquire, designated parking. This package is being offered at auction complete with the in-place 30 BBL Premier Stainless brewing system, restaurant equipment and seating package for over 200 between the restaurant & patio area.

This location has huge traffic for the area with avg. daily vehicle traffic on Broad Ripple Ave. being over 19,400 and the nearby Westfield Blvd. touting over 8,800 cars. That does not include the foot & bike traffic Broad Ripple is known for fostering with lots of walkable retail, the Monon Trail and Broad Ripple Park all nearby.

Included with the FF&E is the Three-way Liquor Permit - Restaurant (210) with Carry-out grandfathered.

Set up your signature location in this perfectly suited pocket of Indianapolis for a Craft Brewery & Eatery! Bidding occurs on August 1st at 1:00 PM both in-person and online. The price will be determined on auction day, but the $275,000 is the effective minimum given a $240,000 minimum bid for the assets and a $35,000 fee which will be designated for the landlord's cure of allowing a sublet of the space.

See the attached Due Diligence Packet for complete information and the Non-Disclosure, which can be returned to release the full lease for review.

Attached Documents


Detailed Information

Location:
Indianapolis, IN
Employees:
0
Facilities:
The building is about 12,500 square feet on just under an acre. It includes 54 designated parking spots, which is very difficult to find in Broad Ripple! The current setup breaks the building down into about 3,500 SF of Brewery, 1,800 SF of Kitchen, 3,200 SF of Dining & Bar and 4,000 SF of Storage, Receiving and Office space. There is both a loading dock and double receiving door for shipments in and out. There is limited branding in the interior space and will be able to be re-branded at limited cost. See the due diligence packet for more info.
Support & Training:
There is no training or support that will be available to the new buyer.
Reason for Selling:
Generate cash for the Scotty's Brewhouse remaining restaurants.
Business Website:
http://www.keyauctioneers.com/2019/08/01/broad-ripple-turn-key-brewery-and-eater
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Business Listed By:
Seth Seaton

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