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- RE: Absentee, Well Known Restaur&Bar
- Contact: Aamer Chaudhary
Quick Facts
Asking Price: | $500,000 | |
Annual Revenue: | $1,548,192 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $143,292 | |
Total Debt: | Not Disclosed | |
FF&E: | $120,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2018 | |
Employees: | 10 | |
BBN Listing #: | 997739 | |
Broker Reference #: | 090122-440000 |
Business Overview:
SBA Prequalified, Growing AMERICAN CUISINE Restaurant & Bar Business, Srong Growth Potential!!!!!!!!!!!!!!
Customer-focused. Local favorite, Owner Absentee. These are just a few of the phrases that best describe this opportunity. This business opportunity provides a menu that fuses local favorites with their own chef-inspired creations. Their meats and seafood are all locally sourced and are super fresh. Their taps are filled with quality craft beers. And their revenue is trending up - with projections for 2025 are sizing up to $1.7 million (approx.) Offering live music and trivia nights, this is an exciting opportunity for anyone looking to not only own a restaurant but to be an owner that brings a community together. Are you ready to own your very own profitable Restaurant at a prime location as the seller is retiring?
This long-established Restaurant and Bar for Sale is one investment that could pay off big time. This well-known brand is a the local area and go to place for families. Dedicated NEW on-site owner can probably increase the current sales.
If you have strong credit, we have LENDING PARTNER BANKS AVAILABLE and approval only takes days!
BUSINESS INFORMATION/FINANCIAL HIGHLIGHTS
Established since: 2018
Business Type: Restaurants & Bar
Location:High visibility key/main street busy strip mall (with ample parking available along with top franchises)
Area: Highly sought after affluent location
Sales Revenue (2024): $1,548,192.00
Net Income/Sellers Discretionary Earnings: $ 143,292
Sales Breakdown: 84% (Food), and Others/Beverages Products (16%)
Seller Discretionary Earnings (SDE): $143,292.00
Inventory: $ 15,000.00, approx. (Included in asking price)
Real Estate: Leased SF: 3,102 Monthly Rent (NNN): $4,805.00 Lease Type/ Expiration/Rent: Long term with auto renewal 6/30/2035
Majority Customers Type: Well established large size commercial and residential areas.
Competition: Low
Number of Employees: 10 (6 FT & 4 PT)
Employees Longevity: Long term Team Work Culture: Excellent Furniture, Fixtures, & Equipment (FF&E) & Leasehold Improvements: $ 210,000.00 (Included in asking price)
Support & Training: 4 weeks Hours of operation: Sat: 11am-10 pm, Sun: 10am-8pm: Mon: Off
FAMILY and PROFESSIONALS FRIENDLY AMBIANCE AND WINE & BEER SERVING ALL DAY LONG
They emphasize and focus on a family and professionals friendly environment, serving beer and wine with the food as well as for delivery to meet the needs of of their customers.
LOCATION, LOCATION, LOCATION This Restaurant and Bar for Sale is located in the most sought-after locations in Edgewater, MD commercials Area . As the owner of this business, you will enjoy all the benefits of high traffic counts, shopping center with BIG NAME retailers including WALLSGREEN PHARMACY, Starbucks, SAFEWAYS, McDonald's, GIANT FOODS, 7-Eleven, CHICK-FIL-A and the benefit of a TURNKEY OPPORTUNITY. DREAM COMES TRUE Have you always dreamed of owning your own Restaurant, but never had the money to invest in a start up? A new venture has a lot going for it, but if you don't know what's ahead then there may be many moments when things look rough or unclear. That's where buying an existing business like this Popular Restaurant for Sale comes in! Transworld has lending partners that could help you finance this opportunity!
PERFECT FOR OWNER OPERATOR With a winning concept like this Restaurant and a dedicated NEW on-site owner, the sky is the limit for this gem. Sometimes all it takes is a fresh perspective from a new owner to increase sales and be more successful.
ONGOING STRONG PERFORMANCE
For 2025, the business is growing steadily however there is plenty of room for growth with on-site owner and the drive to make this location a magnet for patrons, by increasing deliveries and catering services. This is an opportunity to make this particular business a big money-maker like countless others across the area.
OPERATIVE AT THIS LOCATION FOR 6 YEARS. Another great benefit to purchasing an established location like this one, is the employees! Business has 10 employees already in place and are trained to the brands standards. Training by the management will have you well prepared to be running your own store! Don't miss this opportunity to purchase a turnkey, fully equipped Restaurant and Bar with liquor license for Sale, including the rare delivery services. This won't last long so call today for more information! Sellers financing options: Available for the eligible buyers. Note: Proof of funds required.
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Contact the Seller:
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Market Competition and Expansion:
Great opportunity to grow with an onsite owner operator as well as by focusing on the following key areas of business in line with best practices:
- Hours of operations can be extended to add more services such as breakfast and brunch
- Digital marketing campaigns
- Commence deliveries in 5 miles radius to boost sales
- Targeting local areas educational and business centers
- Catering services
- In store parties and get together
Reason for Selling:
Owners Retirement. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Maryland businesses for sale
- View more Businesses For Sale in the same industry
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- Find a business broker
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