Bar/Tavern with Property in Federal Hill

Baltimore, MD
Baltimore City County

31 E. Cross Street


Asking Price: Annual Revenue:
$1,500,000 Not Disclosed

Commercial Real Estate: Retail & Shopping Centers


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RE: Bar/Tavern with Property in Federal Hill Broker: Jim McGinnis
License #: 79447

Quick Facts

Asking Price: $1,500,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: $1,500,000
Year Established: 2014
Employees: Not Disclosed
BBN Listing #: 758662338
Broker Reference #: Not Disclosed

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Business Overview:

• Located in the heart of Federal Hill. The property is a 2 story, with basement, 3,968 square feet masonry building. This bar and restaurant, formerly “Bookmakers Cocktail Club”, featured the LARGEST Whiskey/Bourbon menu in the entire state of Maryland when it was in operation!
• The main floor of the restaurant has laminate hardwood floors and a gorgeous marble top bar which seats 25 patrons and had 6 beers on tap. There is one large TV at the bar, large lit barback & ornate chandeliers in the dining area. There is a manager’s office on the main floor with liquor storage and security monitors in place. Ceiling vents are displayed for a rustic old Baltimore feeling. Back staircase serves the restaurant from the upstairs kitchen.
• The upstairs portion of the restaurant features a beautiful marble bar, which seats 7 patrons and hardwood flooring throughout. This second floor includes a private and comfortable lounge area with “bottle service” style seating involving velvet sofas and chairs. Pendant lights and & cathedral arches in the abundant woodwork. Plenty of natural sunlight upstairs with views of city life.
• The kitchen is fully equipped and located on the 2nd floor. It contains a 28’ hood, three stoves with ovens, a 2 ft. charbroil grill, 2-basket fryer, 3 stand-up freezers, and 5 stand-up fridges, large dish room.
• There are 4 restrooms in this restaurant- 2 upstairs and 2 on main floor. Full Sprinkler and security system in place. 4 TOAST P.O.S. stations located throughout this establishment.
• All Furnishings, fixtures & equipment convey in “as-is” condition. Capacity is 98 on the first level and 50 on the second level.
• Class BWL liquor license is included.

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Property Features and Assets:

Property includes highly desirable full liquor license. Building was completely renovated in 2014.

Reason for Selling:

Real Estate sale.

Additional Details:

  • The property is owned.
  • 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:

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