ICONIC BUSINESS OPPORTUNITY, SELLER FINANCING AVAILABLE
HISTORIC MUG N’ BUN RESTAURANT PROVIDES MANY STREAMS OF INCOME
5211 W 10th Street Speedway, IN
$2.199 Million with your own financing.
Seller Financing is available with a significant down payment and favorable terms. These terms have not been set, please present your best offer. All reasonable offers will be considered.
Established in 1960, Mug n’ Bun is the oldest drive-in restaurant in Marion County. This iconic Speedway business establishment, located close to the Indianapolis 500 Motor Speedway, currently has many streams of income, including food/beverage sales for Mug n’ Bun/diner, food sales from pizzeria, house rental, and merchandise sales, with potential to do so much more!
In addition to the drive-in restaurant, current assets include 4 parcels of land (2.2 acres), a duplex, an apartment, a pizzeria, an indoor dining facility, outdoor seating for drive-in, long-term employees, all equipment, and proprietary recipes for the root beer and coney sauce. The owner is currently busy renovating the apartment and adding an additional pizza oven and staff in order to double the pizza sales.
There is so much potential for many additional streams of income here are just a few: add days and extend times for the pizzeria, liquor license for the diner, addition of an outdoor patio with entertainment behind diner such as music, karaoke, bar games, round robin dating nights at diner, rent out diner for special events, patent and sell bottles of root beer and jars of coney sauce, proprietary recipes, in local groceries and nationwide, franchise Mug N’ Bun – with requirements to buy Root Beer and Coney Sauce directly from original site with potential to earn a percentage back for all food ordered, small trailer/ building with a limited menu and walkup and/or drive through capabilities , food truck, rent out duplex and apartment, local delivery from Mug n’ Bun and pizzeria, advertise merchandise locally and on web, catering, and sell/lease part of the land.
Click here for additional photos: Pics Mug N’ Bun – Google Drive