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#5750
Maryland Restaurants For Sale

SteakHouse in Montgomery County, MD

$699,000
Available
SteakHouse in Montgomery County, MD



ADD TO FAVORITE

• Upscale steakhouse serving hand-cut steaks, fresh seafood, salads, signature sandwiches and premium cocktails with a casual atmosphere located in Montgomery County, MD.
• Restaurant has a long term lease and occupies 6,016 square feet with a large dining room, a beautiful huge full bar with additional booth seating in the bar area and a large outdoor patio that accommodates up to 50 people.
• The bar has a garage door that opens to the patio counter seating, giving the outside guests the feel of sitting at the bar.
• The equipment behind the bar looks brand new and includes 2 bar taps w/6 heads on each, 2 glass chillers, 2 open top stainless steel beer ice chests & 2 three door work-top refrigerators.
• The bar also has 6 T.V.’s and the bar booths have their own T.V.’s right at the table.
• The dining room has a rear area that can serve large parties with two T.V.’s as well.
• The open kitchen is top notch with a wood fired char grill, flat top grill, 3 convection ovens, 2 slow cook ovens, 1 four burner gas range, 1 six burner gas range with oven below, 1 four foot wall mounted Salamander/broiler, steamer, heated holding cabinets, 3-bank fryer, commercial microwave oven, drop-in steam table 2 five foot refrigerated make tables with refrigerated drawers beneath and much, much more.
• A full equipment list is available.
• A 20’ stainless steel expo line with under counter shelving, overhead shelving, drop-in steam table and under counter Alto Sham heated
drawers sits between the kitchen and the full view glass that allows the guests to see the “show”.
• The rear prep area has 2 walk-in refrigerators, 1 walk-in freezer, full size dishwashing room, slicers,
mixers, stainless steel prep tables, 1,300 lb Hoshizaki ice maker, tons of shelving, and much more.
• There is a full, 7-day per week liquor license.
• Seating for the restaurant has 22 bar stools, 12 bar area booth seats, 8 high top table seats, 18
counter seats. 60 total bar area seats, 126 dining room seats.
• Sales are averaging over $52,000 per week.
• Plenty of parking.

This is a Restaurant Brokers and Developers, Inc. listing.
Broker Jim McGinnis DRE License #79447

Lease

Region:
Maryland Restaurants For Sale

Financials

Last Year's Annual Gross:
$3

Operations

Liquor License:
Full, 7 day
# of Full-Time Employees:
10
# of Part-Time Employees:
15
Hours Open:
11:00 am-10:00 pm
Year Established:
2015

Facilities

Indoor Seating:
188
Outdoor Seating:
50
# of Parking Spots:
Open lot
Inside Sq. Ft.:
6,016
Outside Sq. Ft.:
200
Total Building Sq. Ft.:

Highlights

  • SteakHouse with fantastic Buildout
  • Full Liquor License

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No

Demographics

Population 3-mi. 5-mi
2014 Total Population 21,346 60,408
Households 3-mi. 5-mi
2010 Number Of Households 4,089 16,997
2010 Persons Per Household 3.21 3.05
Median House Value $444,500 $380,919
Income Per Household $126,685 $102,831
Businesses 3-mi. 5-mi
2009 Number Of Businesses 241 961
2012 Number Of Employees 5,014 26,008
2012 Total Annual Payroll $158,992,000 $738,006,000

click for more demographic info

Disclaimer

Although information contained herein is from sources deemed reliable, such information has not been verified by Restaurant Brokers and Developers, Inc. and is submitted subject to errors, omissions, change of price or withdrawal or further change without notice. Prospective purchasers should conduct their own study & due diligence to determine the feasibility of the business and property as to their requirements.
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