Well known profitable bar/restaurant in historic Ellicott City

Asking Price$370,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

Inventory$75,000
Not included in asking price
FF&ENot Disclosed

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Well known profitable bar/restaurant in historic Ellicott City


Asking Price$370,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

Inventory$75,000
Not included in asking price
FF&ENot Disclosed


Seller Financing Available
Business Description
Prime Howard County historic district. Visitors enjoy the constantly rotating craft beer taps and the largest selection of single malt whiskies in any Maryland bar. The business thrives with a hands-on operator who enjoys engaging with long-standing loyal and regular neighborhood patrons and friends, as well as out-of-town visitors to the historic Ellicott City destination.
About the Business
Years in Operation
19
Facilities & Assets
10 year NNN lease.
General questions and information (including cash flow), preliminary meetings, conversations, and tours of the business require submission of an NDA.
To move forward with due diligence, the sharing of confidential business information and financial reports will be subject to an escrow agreement and $10,000 deposit, which will be held in trust, to ensure inquiries by serious buyers. The deposit will be returned IN FULL, once notification of non-interest is received within the 45 day escrow period.
Market Outlook / Competition
Prime Howard County historic district. This business thrives best with a hands-on operator who enjoys engaging with long-standing loyal and regular neighborhood patrons, as well as out-of-town visitors to historic Ellicott City.
Opportunities for Growth
Opportunity for substantial growth exists in expanding and elevating the kitchen operations. Increased traffic should also follow completion of a high rise 190-luxury apartment complex within walking distance of the business. Development of the complex is reported to be at the halfway mark.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
3,500
Rent
$7,000.00 per month
About the Sale
Seller Motivation
Health and retirement after 19 years of successfully operating the business.
Transition Support
One week.
Listing Info
ID
2459777
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