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Business For Sale

FELLS POINT AREA RESTAURANT

Attn: Megan Adame
Fells Point, MD, USA
Listing Number: "MA-64"
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Asking Price: $200,000 USD USA Dollars
Business for Sale Industry: Food & Beverage: Restaurants, Fast Food, Deli  
Reason for Selling: The seller has other business interests.
Year Established: 2004
# of Employees: 3
Yearly Gross Income: $217,208
 

Business for Sale Overview:

Presently this restaurant is an authentic Thai restaurant. The restaurant does not have to remain a Thai restaurant. There is a 7 day B/W/L license that will convey with the sale. The restaurant seats around 80 people. Fells Point is a neighborhood in Baltimore, home to a variety of shops, restaurants, coffee bars, music stores, and pubs. Located on the harbor and famous for its maritime past, it now boasts the greatest concentration of pubs/bars in the city. This waterfront community is a much-visited location in Baltimore, accessible by water taxi, freeway, and several bus lines.The area is being gentrified and growing all the time with many new projects about to take place.


Property Features and Assets:

The restaurant is 2,500 square feet and and rents for $3,605 per month. The lease expires in 11/2008 with one 5 year option to renew.


Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • The owner is not willing to work for the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.

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