Corner Charcuterie a "Turnkey" operation in the Heart of Hampden

Hampden, MD (Baltimore City County)

Seller Financing Available
Corner Charcuterie Restaurant and Lounge in Hampden on Restaurant Row

Asking Price:$750,000

Cash Flow:$300,000

Gross Revenue:$1,500,000

EBITDA:N/A

FF&E:$150,000

Inventory:$45,000

Rate/Sq. Ft.:$2,000.00

Established:2011

Corner Charcuterie a "Turnkey" operation in the Heart of Hampden

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Business Description

Rare opportunity to buy "turnkey" restaurant/lounge in Hampden

Rare opportunity to buy this busy popular "hot spot "on restaurant row in Hampden. $45,000 in liquor inventory included. Most Equipment is 1-year old. 7 day beer,wine and liquor license with entertainment. Superb reviews and exceptional customer satisfaction has propelled this gastronomical treasure into Hamden's hottest restaurant and night spot. Owner does no advertising. Restaurant rated 4.6/5 Lounge rated 4.8/5 on Facebook.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building Sq. Ft.:
4,000
Lease Expiration:
3/1/2024
Employees:
12-14
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Successfully "TURNKEY" restaurant and lounge. Indoor seating for 90 with additional outdoor wrap around seating for 30 people. Extremely favorable lease @$2,000 per month for an additional 7.5 years.Renovated in 2015. Most Equipment 1-year old. 7-day beer,wine and liquor license with entertainment.
Competition:
Hampden was rated the 8th Hippest neighborhood in the USA by Redfin. Corner Charcuterie has the prime corner location in Hampden on "The Avenue". Owner does no advertising. Exceptional reviews and customer satisfaction have resulted in organic growth each and every year since inception. Each new restaurant brings more business to this thriving neighborhood. Rotunda's new 379 Apartment and shopping complex steps away.
Growth & Expansion:
Additional revenue could be achieved through a lunch expansion and additional catering opportunities. Ample opportunity to bring consistant live entertainment to the lounge.
Financing:
Seller will consider financing a portion of the sale with qualified buyer.
Support & Training:
Owner will train as needed for comfortable transition to new owner.
Reason for Selling:
Owner has other interests
Business Website:
http://www.cornercharcuteriebar.com

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Nicholas Piscatelli

Business Listed By:
Nicholas Piscatelli

KW Commercial

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