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Top-shelf, Newly Furnished Gastro-Pub and Microbrewery

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Real Estate Included in Price! New Converted to GastroPub and Microbrewery
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Baltimore, Maryland (Baltimore city Co.)   |  Food and Beverage Businesses for Sale – Bars and Taverns for Sale   |  Businesses for Sale Between $1M and $5M

Asking Price:
$2,700,000

Gross Revenue:
$850,000
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
$50,000
included in asking price

FF&E:
$1,000,000
included in asking price

Real Estate:
$1,600,000
included in asking price

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Business Description

This historic firehouse has been pristinely preserved and renovated; the result is a modern industrial themed micro-brewery and gastropub that brings in regular locals, tourists and college students from the surrounding area. The owner has agreed to sell both the building and the business which has incredible potential to expand and continue to build its reputation for fine craft beer. The renowned chefs have created an exquisite menu designed to complement each of the six specialty brews made in house. Among the specialties served here is a charcuterie selection made from locally sourced meats and cheeses as well as a locally owned, sourced, and brewed coffee producer; this involvement in the community is just one of the reasons it's quickly become a local favorite. Included with this chic vibrant restaurant is a fully functional, optimally loaded micro brewery capable of brewing for both retail and wholesale components in 7-barrel (217 gallons) batch sizes. Current production capacity per annum is approximately 500 barrels. This is based on 1.3 brew cycles per week for Ales, this can be increased by 33% with the addition of cold storage space and/ or a barrel aging program. Whether you're interested in owning and operating a brewery or attracted to the idea of owning a historic landmark such as this one, there's something here for all investors!

About the Business

Year Established:
2015
Real Estate:
Owned
Building Sq. Ft.:
5,700
Facilities:
Restaurant opened in October 2015, after extensive renovations to the building and a large amount of additions to the property, including all of the equipment needed for a top-of-the-line kitchen and microbrewery. Property appraised at $1.6 M.
Growth & Expansion:
There is an immense amount of potential for this business. A number of nearby theaters and entertainment venues are attracting a high-income clientele and a large apartment complex is set to open in 2017.
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About the Sale

Reason For Selling:
Family commitments.
Training/Support:
4 weeks

Listing Info

ID:
1320543
Ad Detail Views:
753

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Business Listed by

Andrey Gustov

Transworld

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U.S. Census Data for Anne Arundel, Baltimore and Baltimore city Counties, MD
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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Anne Arundel, Baltimore and Baltimore city Counties, MD
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Source: American Community Survey (2010-2014), United States Census Bureau.

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