Buy a Bar & Grill Including Real Estate For Sale business for sale in East Baltimore on BusinessesForSale.com

  • Advert ID: 571910
  • (Seller ref: 044920)

Bar & Grill Including Real Estate For Sale


Location:
Category:
Asking price:
$495,000
Sales revenue:
< $500k
Net profit:
< $250k
Years established:
1932
Employees:
6


This opportunity is just that, an unlimited opportunity for the right individual. Seller burnout has caused lack of attention to opportunities, but could be turned around with a fresh new entrepreneur. The business carries an on/off premise 7 day liquor license. Pool tables, Big Screen TV and Poker Machines convey. The full kitchen is ready to serve a captive clientele offering carryout and inside dinning known for its home cooked meals. There is a separate dinning area that could be expanded upon. Current operation of kitchen is Mon.-Fri. 11am to 3pm only. The location is part of an area targeted for revitalization and new commercial development is scheduled to occur. The commercial building is brick construction, in good shape and includes the adjacent residential property (currently unoccupied).


Real Estate:
Real Property Included
Living accommodation:
2400 s.f. bar & grill, 4 bdrm. house (needs work) adjacent to bar, 1 parcel zoned commercial .165 acres, 1 residential parcel .264 acres

Expansion potential:
Offer dinner menu, accept credit cards, offer delivery service, check cashing service, add special promo for sporting events, add additional seating, and concentrate on food service.
Competition / Market:
Located in commercial district with new development targeted for this area.
Support & training:
Transition training available at no cost to buyer
Reasons for selling:
Owner burnout
Financing available:
Seller will consider financing with $200,00 down
Furniture / Fixtures value:
$175,000
Related documents:

For more information about this business for sale, click the Contact Seller button.

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