Restaurant/Bar With Property For Sale

Reisterstown, MD Baltimore County

Asking Price: $1,495,000

Annual Revenue: $950,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Restaurant/Bar With Property For Sale
Contact: Paul Adler

Quick Facts

	Asking Price:	$1,495,000
	Annual Revenue:	$950,000
	Net Profit:	Not Disclosed
	Cash Flow:	Not Disclosed
	Total Debt:	Not Disclosed
	FF&E:	Not Disclosed
	Real Estate:	Not Disclosed
	Year Established:	1960
	Employees:	Not Disclosed
	BBN Listing #:	938830
	Broker Reference #:	F 500

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Business Overview:

Unique opportunity to purchase an iconic bar and restaurant with property. This is a freestanding building on 1.95 acres on a high traffic main road with over 45,000 cars passing by each day, and ample parking. The property was appraised by the bank in 2021 at $1,350,000 exclusive of the FFE, the liquor license and the business, which has sales of around 1 million per year. The restaurant has 2 bars, one indoor and one on the outdoor deck, which seats about 95 and is enclosed and heated for year-round use. This is one of largest outdoor dining venues in the entire area. The second floor is currently used as the office and storage, and has two large apartments that, after renovations, could be an additional revenue stream or used as an owner or manager residence. You can keep the existing concept and name or rebrand to any cuisine or concept. The 7-day license allows for package goods and live entertainment. A tremendous opportunity for the right owner to take this to the next level.

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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

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