Maryland Restaurants For Sale
Established Fine Dining Restaurant in Great Location
• Nationally Recognized, Locally Revered, Award-winning, casual fine-dining in a beautiful historic country house.
• Also, includes separate Wine Bar & Eatery featuring several intimate dining rooms with exposed brick walls and brick floors.
• Beautiful wood finishes throughout the building.
• Fresh seafood, local produce and homemade desserts are on the fine dining menu.
• It features over 30+ wines by the glass and an incredible drink and beer list!
• Seafood, burgers, pizzas, ribs and much more.
• The restaurant seats 80 including 20 in the bar area.
• It also has an outdoor patio area.
• The kitchen is fully equipped and has a 16’ hood, very large walk-in refrigerator & large ice machine.
• Sales are averaging over $23K/week.
• The rent is $5500/month.
• There are 2 years left on the lease with another 5 year option.
• High profile location with adjacent public parking.
• Office space/apartment above included in the lease.
Broker of Record Rob Tade DRE License #01339409
Lease
Financials
Operations
Facilities
Highlights
- Located in St.Michaels on the Maryland Shore
- Low rent
- Cozy Wine Bar along with Several Dining Rooms
- Outdoor Patio
- Award Winning Restaurant
Financing
Demographics
| Population | 1-mi. | 3-mi. | 5-mi |
|---|---|---|---|
| 2014 Total Population | 2,815 | 3,312 | 3,602 |
| Households | 1-mi. | 3-mi. | 5-mi |
| 2010 Number Of Households | 1,599 | 1,802 | 2,274 |
| 2010 Persons Per Household | 2.07 | 2.08 | 2.09 |
| Median House Value | $434,700 | $432,609 | $454,652 |
| Income Per Household | $67,277 | $66,194 | $61,071 |
| Businesses | 1-mi. | 3-mi. | 5-mi |
| 2009 Number Of Businesses | 155 | 163 | 170 |
| 2012 Number Of Employees | 2,458 | 2,544 | 2,544 |
| 2012 Total Annual Payroll | $60,461,000 | $61,839,000 | $62,455,000 |
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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.