Established Restaurant and Bar in Hancock Close to C&O and Potomac Ri
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The Triangle Restaurant presents an exceptional opportunity to acquire an established American restaurant and bar in the scenic town of Hancock, Maryland. Strategically positioned just off Route 70 on Main Street, this popular dining destination benefits from excellent accessibility and visibility.
BUSINESS OVERVIEW:
This well-established restaurant has built a loyal local following while capitalizing on the growing outdoor recreation market. The business serves both the resident community and the steady stream of cyclists utilizing the nearby Chesapeake & Ohio Canal Trail, as well as tourists traveling through Western Maryland's mountain region.
FACILITIES & REAL ESTATE:
The property includes the fully operational restaurant and bar with recreational amenities including pool tables. Above the restaurant are three residential apartments that provide multiple income-generating opportunities. The real estate component is valued at $325,000 and must be purchased in conjunction with the business operations.
STAFFING & OPERATIONS:
The restaurant benefits from a dedicated, long-tenured staff who have expressed interest in continuing with new ownership, ensuring operational continuity during transition.
GROWTH POTENTIAL:
Significant expansion opportunities exist to further develop the cycling and tourism markets along the C&O Trail. The three apartments offer versatile options: maintain as rental income properties, convert to short-term Airbnb accommodations for trail visitors, use one as owner residence, or provide staff housing.
COMPETITIVE LANDSCAPE:
The local market includes two other dining establishments - Potomac River Grill and Buddy Lou's - indicating healthy demand while maintaining manageable competition levels.
OWNER MOTIVATION:
Current owners purchased this as a retirement venture but are now seeking a quieter retirement lifestyle in Florida, creating this opportunity for motivated buyers.
The combination of established operations, prime location, diverse revenue streams, and expansion potential makes this an attractive acquisition for restaurant operators or investors seeking a turnkey hospitality business in a growing recreational tourism market.
BUSINESS OVERVIEW:
This well-established restaurant has built a loyal local following while capitalizing on the growing outdoor recreation market. The business serves both the resident community and the steady stream of cyclists utilizing the nearby Chesapeake & Ohio Canal Trail, as well as tourists traveling through Western Maryland's mountain region.
FACILITIES & REAL ESTATE:
The property includes the fully operational restaurant and bar with recreational amenities including pool tables. Above the restaurant are three residential apartments that provide multiple income-generating opportunities. The real estate component is valued at $325,000 and must be purchased in conjunction with the business operations.
STAFFING & OPERATIONS:
The restaurant benefits from a dedicated, long-tenured staff who have expressed interest in continuing with new ownership, ensuring operational continuity during transition.
GROWTH POTENTIAL:
Significant expansion opportunities exist to further develop the cycling and tourism markets along the C&O Trail. The three apartments offer versatile options: maintain as rental income properties, convert to short-term Airbnb accommodations for trail visitors, use one as owner residence, or provide staff housing.
COMPETITIVE LANDSCAPE:
The local market includes two other dining establishments - Potomac River Grill and Buddy Lou's - indicating healthy demand while maintaining manageable competition levels.
OWNER MOTIVATION:
Current owners purchased this as a retirement venture but are now seeking a quieter retirement lifestyle in Florida, creating this opportunity for motivated buyers.
The combination of established operations, prime location, diverse revenue streams, and expansion potential makes this an attractive acquisition for restaurant operators or investors seeking a turnkey hospitality business in a growing recreational tourism market.
About the Business
- Facilities & Assets
- This restaurant has been in Hancock for many years. The is a dining room, bar as well as basement party room and pool tables. There are 3 apartments on the top floor. Each is rented. There are no leases. Total rent for all three apartments each month is $2,100.00.
- Market Outlook / Competition
- Hancock two other restaurants. The Potomac River Grill and Buddy Lou's. There are two markets to go after or a combination of the two. One is the local market and the other is Cyclists who bike up and down the C&O Trail and Tourists passing through the Western, MD mountains.
- Opportunities for Growth
- There is an opportunity to tap into the busy C&O Cyclists on the trail. Owners can live in one of the units, keep the current renters, create AIRBNB's or have housing for employees and staff.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
About the Sale
- Seller Motivation
- The current owners purchased the property as a retirement project. Even though
- Transition Support
- There is a long time devoted staff and the entire crew states they would like to stay.
Listing Info
- ID
- 2440101
- Listing Views
Listing ID: 2440101 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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