#5753
Maryland Restaurants For Sale

High Volume Restaurant/Bar w/Real Estate on/off Liquor License

$3,700,000

• Close to Baltimore & Annapolis, MD.
• 8,400 s.f. 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 $55K/week.
• Large net profit.
• On/off liquor license.
• Property appraised at $2.7 million in 2019.

This is a Stone Path Brokerage Services, Inc. DBA Selling Restaurants San Diego listing.
Broker of Record Rob Tade DRE License #01339409

Lease

Region:

Maryland Restaurants For Sale

Financials

Last Year's Annual Gross:

$2,900,000

Last Year's Owner's Cash Flow:

$315,000

Operations

Liquor License:

Full, on/off 7 day

# of Full-Time Employees:

# of Part-Time Employees:

Hours Open:

3:00-12:00 am

Year Established:

2012

Facilities

Indoor Seating:

260

Outdoor Seating:

# of Parking Spots:

Open lot

Inside Sq. Ft.:

8,400

Outside Sq. Ft.:

500

Total Building Sq. Ft.:

Highlights

Freestanding Restaurant with Property
On/Off Liquor License
Live Entertainment
2 Large Bars + Stage
Lottery/Keno License
Dance Floor

Financing

Will SBA Finance:

Will Seller Lend To Buyer:

Demographics

Population	3-mi.	5-mi
2014 Total Population	63,078	124,187
Households	3-mi.	5-mi
2010 Number Of Households	21,643	42,303
2010 Persons Per Household	2.80	2.73
Median House Value	$308,000	$326,812
Income Per Household	$88,880	$89,247
Businesses	3-mi.	5-mi
2009 Number Of Businesses	1,015	2,170
2012 Number Of Employees	17,424	45,602
2012 Total Annual Payroll	$279,907,000	$824,723,000

click for more demographic info

Disclaimer

Notice: The User (that's you reading this) of this Website understands that STONE PATH BROKERAGE SERVICES CORPORATION ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it. In some cases, forward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business. Owning a business is a risky venture, but can also be a rewarding one. The User of this website is solely responsible to examine and investigate the Business and or real estate, its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. Any decision by User to purchase the Business shall be based solely on User's own investigation and that of User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User. DRE License # 01339409.