Anne Arundel County, MD Sports Bar

Not Disclosed, MD
Anne Arundel County

Main Road


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 Broker: 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 a homebased business opportunity.
  • This is not a franchise resale opportunity.

Documents:

Relevant Links:

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