412 Court St Brookville, IN 47012
The Pioneer Restaurant and Lounge, a well-established Brookville, Indiana landmark, presents a unique business opportunity. This beloved community fixture, known throughout the tri-state area for its famous fried chicken, boasts a loyal customer base cultivated over three decades. The current owner, having spent 20 years at the helm, is offering a complete turnkey operation, including the real estate and all necessary licenses. The spacious restaurant features a 40-seat dining area and a 21-seat bar/lounge, ensuring ample space for patrons. Recent upgrades include a brand-new furnace and air conditioner, enhancing both comfort and efficiency. The sale includes all restaurant equipment, a three-way alcohol license, and a gaming license. Current alcohol inventory is negotiable. Operating five days a week, the restaurant presents significant growth potential, particularly with the addition of breakfast service to cater to unmet community demand. The seller is committed to a smooth transition, offering training to the new owner and assisting with the transfer of established supplier accounts. This is a rare chance to acquire a profitable, well-regarded business with deep community ties and a strong reputation built on quality food and service. The 0.15-acre property is located at 412 Court Street, Brookville, IN, and is priced at $350,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
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