Leading Co-Working Kitchen & Events Sp. With RE NE

Business Overview:

This three-pronged business with real estate serves as a commercial kitchen / co-working space / commissary for catering businesses, event space for events up to 250 people, and retail space for what was most recently a brewery tenant.

Plus, a small private kitchen, plus parking. Located off of York Rd. just south of Northern Parkway in Baltimore City with diverse and upscale neighborhoods such as Roland Park, Wyndhurst, Homeland, Cameron Village, Evesham Park, Rosebank, and 3 miles south of Towson.

The commissary is operating at about 80% capacity and brings in $600k in revenue, while the event space is at 20% capacity and bringing in $200k per year (pre-covid they did 75 events per year). The brewery space is almost occupied with a AAA national client at $90k per year plus cam for at least 5 years.

The building, originally built in 1930's (and used as a car dealer) was recently completely remodeled in 2015 with a $3.5k investment. The commercial commissary is 10,000 square feet. A private commercial kitchen with 1,400 SF.

The event space including supporting spaces is 12,000 SF. The brewery or other retail tenant space is 6,000 SF. Owned parking lots with 22 and 12 across the street was purchased at a later date. Total building size is 28,864.

As per the management, they are hoping to have consistent performance by the end of 2026 and beyond.

STRONG GROWTH POTENTIAL FOR THE RIGHT BUYER/S

The business and landmark location offers following growth opportunities to the buyers:

- Catering services to retail (private parties) and commercial clients (businesses) around Baltimore Towson affluent areasin Maryland.
 -Extended hours from 8 am to 12 am in the night (adding new offerings such as breakfast, brunch, deliveries, targeting greater radius for further boosting the sale in the area to amplify the business in future
- Digital marketing to reach our larger groups to have stronger presence amongst the younger crowds
- Aggressive (food related) services can be reinvigorated with added hours especially on the weekends

THE UNMATCHED TRANSWORLD VALUE
This Towson MD-based company for sale is proudly offered by Transworld Business Advisors, the number one business brokerage in the world. With local presence AND global marketing reach, Transworld Business Advisors provides main-street and middle market business owners and buyers with transaction expertise.

A SIGNED CONFIDENTIALITY AGREEMENT & PROOF OF FUNDS IS REQUIRED FOR THE EXACT LOCATION.

Business Owners Considering Selling their Businesses: We represent prequalified buyers/clients that are very interested in buying all types of businesses and leading restaurants and bars. If you have any interest in selling your business at this time or in the near future, please contact me at mmcnamara@tworld.com. Our buyers are already qualified and willing to invest their time and money in a business like yours. All communications are kept STRICTLY CONFIDENTIAL.

FOR INTERESTED SERIOUS PARTIES PLEASE CALL:

Michael McNamara - Senior Business Advisor/Broker
at CELL 443-468-3253

OR 

AAMER CHAUDHARY (CEO TRANSWORLD, DC ANNAPOLIS BALTIMORE) AT CELL 202 509 3739 or (703) 457-0362 or Achaudhary@tworld.com.

We shall reply you back soon.

Contact the Seller:

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Property Features and Assets:

Since inception in 1931, the business has been growing steadily thanks to the leadership of the founder chef owner and hard work of his long time team of professionals.

Patrons have been happy with the vast food varieties and excellent services offered by the professional staff and management team.

Market Competition and Expansion:

Manifold opportunities in the following areas:
-Third-party delivery services have not been utilized so there is a huge potential of growing that side of business to meet the evolving needs of the market and accelerate the growth.
-Concept can be expanded with new location in DMV area
-Can be a franchise to grow in USA and internationally
-Additional catering and private events supplies, including marriage and commercial clients parties supplies.
and
-Digital marketing campaigns will further augment growth

Competitive Overview
Low as they have established their niche.

Low as they have established their niche. The top Hollywood celebrities, US and global leaders/politicians and businessmen love to come and dine in at the prestigious place.

Reason for Selling:

Owner retiring. Kindly ask the seller for more information.

Additional Details:

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