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Anne Arundel County, MD Sports Bar
Not Disclosed, MD
ANNE ARUNDEL County
Main Road
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| Asking Price: | Annual Revenue: |
| $975,000 | $3,000,000 |
Food & Beverage: Bars, Clubs, Nightspots
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RE: Anne Arundel County, MD Sports Bar
Contact: Jim McGinnis
Quick Facts
| Asking Price: | $975,000 | |
| Annual Revenue: | $3,000,000 | |
| Net Profit: | $246,000 | |
| Cash Flow: | $374,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | $15,000 | |
| Year Established: | 2010 | |
| Employees: | 35 | |
| BBN Listing #: | 30462338 | |
| Broker Reference #: | Not Disclosed |
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Business Overview:
Great location of a freestanding building (6,599 square feet) with plenty of curbside appeal located in AA County. Daily traffic count in front of the building is over 50,000. Close to Annapolis & Baltimore. Seating capacity for the restaurant is 250, with an outdoor patio that seats 40. There is a 7 day, 2:00 am liquor license.
The building is ADA compliant with accessible ramps and entrances and has a security, sound, and sprinkler system in place .Vaulted, hardwood-plank ceilings feature ceiling fans and beautiful, exposed wood beams catch your attention immediately upon entering the restaurant. There is extensive stonework throughout the establishment and a fireplace that sets an inviting atmosphere in the main dining area
There are 28 TV’s throughout the restaurant and the restaurant is equipped with Digital Dining P.O.S.
The space features 2 bars- one of them being a service bar with 2 TV’s and minimal seating. The other being the main attraction with a large hardwood U-shaped bar that seats about 20 and features over 10 TV’s to choose to view. There are 12 beer on tap at this restaurant.
This kitchen features a 22-foot hood, 8 burner stove, two 2 basket friars, a 3 ft flat top and 3 ft charbroil grill. There is a large ice machine, dish area, and walk-in fridge/freezer combo and has an employee bathroom. In the basement there is a separate entrance for kegs, as well as a keg box and liquor storage. There is also a medium sized merchandise/storage closet The is also an Arcade Game area.
Sales are averaging over $53,000/week. The current rent is $15,000/month NNN. Landlord will give a new 10-year lease with 2-five year options and will sell the property also.
SDE/Owners Cash Flow $374,000.
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Property Features and Assets:
Free standing building.
Reason for Selling:
Retiring
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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