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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

000 In Sales! Richmond, IN 47374

4,070 SF Built 2015
Property ID
Property summary
AI-generated overview

This thriving Richmond, Indiana restaurant and wine bar is a fantastic opportunity for a new owner. Established in 2015 and renovated in 2018, this 4,070 square foot business boasts impressive sales exceeding $400,000 in 2023. Currently operating under a lease expiring March 31, 2027, with a monthly rent of $2000, the remaining lease term is approximately 2.4 years. The sale includes all equipment necessary for continued operation, including ovens, grills, fryers, refrigeration units, bar equipment (kegerators, wine coolers), point-of-sale systems (iPads, tablets, cash drawer, printers), and more. The business benefits from a beautiful, sophisticated ambiance and a strong social media presence, contributing to its popularity as a local favorite. The current owners are relocating, providing a unique opportunity for a buyer to step into a well-established business with minimal upfront investment. The business currently employs 22 people and operates with limited hours, presenting a clear path for increased revenue through extended operating hours. Seller is willing to provide 30 days of manager/owner training. This is an asset sale

Property profile
Verified
Property type Retail properties & Spaces
Year built 2015
Total area 4,070 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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