Freestanding Bar/Restaurant with Property, MD

Not Disclosed, MD
Anne Arundel County

Freestanding Restaurant with patio


Asking Price: Annual Revenue:
$3,700,000 $2,800,000

Food & Beverage: Bars, Clubs, Nightspots


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RE: Freestanding Bar/Restaurant with Property, MD Broker: Jim McGinnis

Quick Facts

Asking Price: $3,700,000
Annual Revenue: $2,800,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: $2,700,000
Year Established: 2005
Employees: 40
BBN Listing #: 513462338
Broker Reference #: Not Disclosed

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Business Overview:

• Close to Baltimore & Annapolis, MD.
• 8,400 square feet Freestanding building has nice open ceiling with ceiling fans throughout.
• There are 2 Bars; one seating 35 with 16 beer taps and the other seating 15 with 6 beer taps.
• Entire restaurant seats 260.
• Enclosed patio area that seats 75 with its own bar.
• Building features masonry walls, hardwood floors, stage (with custom professional lighting system), dance floor,
DJ booth, TV’s, pool tables.
• It has a lottery/Keno license.
• Very large, fully equipped Kitchen with a 22’ hood, extra-large walk-in Freezer/Fridge & keg box.
• Upstairs has large offices and the camera system for the building.
• Sits on 2 acres.
• Septic system and public water.
• Expansive private parking lot.
• Sales are over $55,000/week.
• Large net profit.
• On/off liquor license.
• Property appraised at $2.7 million in 2019.

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Reason for Selling:

Other businesses.

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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