New concept could multiply the current income. Lots of space to expand. Area is gentrifying and seeing many other businesses sprout up. The new Canton or Fells Point?
Country: | USA |
State or Province: | MD, AL |
City: | Baltimore |
Location Zip or Postal Code: | upon request |
Service Type: | Sit-Down Table Service, Liquor Primary |
Title of Listing: | Goldmine bar in Baltimore |
Year Established: | 1951 |
Number of Locations: | 1 |
Number of Seats: | Less than 50 |
Size: | 1000, Square Feet |
Patio: | Yes |
Number of Employees: | Less than 10 |
Hours of Operation: | 11 am -1 am |
Growth or Expansion Opportunities: | Space for beer garden or restaurant, extra buildings |
Reason for Selling: | Retirement |
Owner Operated or Absentee Owner or Flexible: | Owner Operated |
Training Provided: | Yes |
Asking Price: | $900,000.00 for all lots and buildings |
Gross Revenue Range: | $500,000-$1,000,000 |
EBITDA Range: | $100,000-$300,000 |
SDE Range: | $100,000-$300,000 |
FF&E Value (Furniture Fixtures and Equipment): | In good serviceable condition, but could be changed for a new crowd |
FF&E Value (Furniture Fixtures and Equipment) included in price: | Yes |
Inventory Estimated Value: | $Unknown |
Vendor Financing Available: | Yes |
Asset or Share Sale: | Asset |
Real Estate Owned or Leased: | Real Estate Owned |
Real Estate Value Included?: | Yes |
Lease Term Remaining: | None |
Total Monthly Rent: | $None |
Financial Comments (include any Financing information that may be useful): | Owner would consider financing. Everything is owned outright and business advice is available, if desired. |