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Freestanding Bar/Restaurant With Property, MD
Not Disclosed, MD
ANNE ARUNDEL County
Freestanding Restaurant with patio
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| 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
Contact: 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 homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
Relevant Links:
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