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#5748
Maryland Restaurants For Sale

Renovated Tavern With Kitchen - Great Sales - Full Liquor License

$220,000
Available
Renovated Tavern With Kitchen - Great Sales - Full Liquor License



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Newly renovated Tavern close to Annapolis, MD. This family friendly restaurant has 105 seats plus an outdoor patio that seats 20. Brick tile flooring with an exposed brick & textured walls. Brand new bar top with 20 stools and 2 beer towers with 8 taps each. Ceiling fans throughout with drop pendant lighting. Restaurant has plenty of large screens TV’s throughout giving each seat a great angle to watch any event. Small stage for musicians. The kitchen has a 12’ hood, large walk in & keg box, upright fridges, flat top grill, charbroiler, 4 basket fryer, 6 burner stove. Very large storage room. The rent is $6,000/month all in. There are 8 ½ years left on the lease term. Sales have been averaging $10-$12,000/week.

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

Lease

Region:
Maryland Restaurants For Sale
Total Monthly Rent:
$6,000

Financials

Last Year's Annual Gross:
$600,000

Operations

Liquor License:
Full, 7 day
# of Full-Time Employees:
4
# of Part-Time Employees:
8
# of Family Employees:
1
Hours Open:
11:00 am-12:00 am
Year Established:
2012

Facilities

Indoor Seating:
105
Outdoor Seating:
20
# of Parking Spots:
Open lot
Inside Sq. Ft.:
2,600
Outside Sq. Ft.:
150
Total Building Sq. Ft.:

Highlights

  • Renovated Pub
  • Long lease
  • Low rent
  • Outdoor Patio
  • Pub
  • Annapolis
  • Maryland

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 21,117 24,520 95,003
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 7,843 9,156 37,807
2010 Persons Per Household 2.62 2.62 2.35
Median House Value $379,500 $390,585 $406,544
Income Per Household $100,242 $106,741 $89,206
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 536 575 3,999
2012 Number Of Employees 9,890 10,414 108,762
2012 Total Annual Payroll $158,518,000 $166,131,000 $2,557,834,000

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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