Liquor Store, Bar, Grille with Property

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Asking Price:
$599,000

Gross Revenue:
 Not Disclosed
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
$35,000
not included in asking price

FF&E:
 Not Disclosed
included in asking price

Real Estate:
$350,000
included in asking price

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Business Description

A long run Bar, Grille, Liquor store with property is for sale in Essex MD. It has 7 days license worth $160K. It has fully built kitchen however seller is only running it for 5 hrs a day but buyer can open for longer hrs for additional revenue. It has great potential for Pizza business as well.

It has Event Hall upstarts and it gets booked every week generating $2,500-$3,000 per month. It hosts Karaoke in regular basis for added revenue.

New buyer can add more inventory in Liquor store and deliver to customer for significant revenue growth.

Sales- $27,000- 65% Bar, 20% Liquor store and 15% Kitchen food.
Lottery Commission- $2,000
ATM Commission- $200
Other Income- $1,000

This transaction is based on following not necessarily based on sales/Revenue.

Property- $370,000
Liquor License- $160,000
Build out, furniture, fixture - $70,000

Buying without property is available for $229,000. Rent will be negotiable.

Partnership opportunity is also available for experienced individual. Some terms and Condition will apply.

SERIOUS INQUIRY ONLY

About the Business

Location:
Baltimore County, Maryland
Year Established:
1970
Number of Employees:
4
Real Estate:
Owned
Building Sq. Ft.:
4,000
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About the Sale

Reason For Selling:
Partnership
Training/Support:
Owner will train for 2 weeks post closing

Listing Info

ID:
1604342
Ad Detail Views:
758

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$
months
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Business Listed by

Nick Adhikari

Baltimore Business Brokerage
License# 668929

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Report an Issue 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 & Conditions.