High Volume, Full Service Family Restaurant & Bar in a prime location

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High Volume, Full Service Family Restaurant & Bar in a prime location
Asking Price:
$449,000

Gross Revenue:
$900,000
Cash Flow:
$150,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$219,000
included in asking price

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Business Description

High Volume, Full Service Family Restaurant & Bar available in a prime location

Exciting opportunity to own a well-established, highly desirable, full-service restaurant and bar located in a prime location in Howard County. High visibility with easy commuter access located in an affluent community with a growing population makes this opportunity a must see. This operation has been very well managed, and maintains a loyal customer base.

Full Service and Carryout restaurant with large bar area. Large parking lot with easy access from a major roadway. This is an outstanding opportunity to own a high volume, full service restaurant, carryout, and bar combination.

Contact Tom Flowers or John Spaar / Colonial Business Brokerage / 443.982.7332

About the Business

Year Established:
2008
Number of Employees:
15
Real Estate:
Leased
Building Sq. Ft.:
5,130
Facilities:
Full-Service Family-style Restaurant, carryout, & Bar in excellent high-income location. $900K original buildout. Large bar area, highly visible frontage with heavy traffic with easy access to roadways with plenty of available parking.
Market Outlook/
Competition:
Standard full-service restaurant, carryout, and bar competition in the area, but this location has maintained a loyal customer base given its strong management, prime location, and excellent and growing affluent community base.
Growth & Expansion:
Owners have identified several areas for growth and expansion opportunities of the restaurant and bar's offerings that could be very attractive to a new owner to pursue.
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About the Sale

Reason For Selling:
Moving out of the area
Training/Support:
Owners will provide full training and support to new ownership and management. As well as being available for ongoing support post transition.

Listing Info

ID:
1363348
Ad Detail Views:
1962

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Business Listed by

Tom Flowers

Colonial Business Brokerage

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U.S. Census Data for Howard County, MD
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Howard County, MD
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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