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Sports & Entertainment Restaurant/Tavern for sale in MD

Maryland (MD)

Asking Price: Gross: Cash Flow:
$ 1,500,000 $ 2,300,000 $ 650,000

Furniture and Fixtures Value:
$ 750,000 (included in the asking price)

Business Summary:
The Busiest, and most Popular Restaurant/Tavern located in an extremely busy area with lots of new and old Housing, and many Businesses. With seating for well over 200 Very Happy Customers. Offering Plenty of Large Screen TV's for Sports viewing, along with Live Entertainment, and DJ music. They are Currently in the middle of an over $300,000 Renovation, and Expansion which will include a Delivery and Carry Out section Offering some of their most popular Food Items. VALUE OF INVENTORY TO BE DETERMINED PRIOR TO CLOSING. INVENTORY IS NOT INCLUDED IN THE ASKING PRICE.

 

   
Year Business was Established: 1974
   
Number of Employees: 24 FT, 4 PT  
   
Facilities / Terms of Lease: 5,829 Square Feet, with total current Rent of $18,600 per month, and a Lease Term till February 28, 2025.  
   
Potential Growth/Expansion: Continue to do more Promotions, and Special Events, along with doing more Marketing and Advertising.  
   
Competition: Very Little if any Competition in the Area.  
   
Owner willing to finance: Negotiable  
   
Owner willing to train: Training and Transition period is Negotiable  
   
Reason for selling: Other Business Interests  
   
Seller Reference Number: GSR-SR158
BusinessMart.com Listing Number: 209095
 

 

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For more info contact:

Gary S. Russell

G.S.Russell Business Brokers and Advisors
571-221-7633

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