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Pub For Sale with Apartments Above 11930

Maryland (Cecil County)

Retail - Bars/Taverns | Retail - Other Eating & Drinking Places

Asking Price $110,000 Inventory  
Gross Income $106,000 Real Estate  
Cash Flow $32,120 Year Established 1969
FF&E N/A Employees 1ft/1pt

* included in the asking price

** not included in the asking price

Pub and light fare Restaurant near Waterfront in Historic Downtown District. Building with commercial space and four apartments (4800 sq ft) is also available from owner for additional $500K. Current proprietor is a custodial tenant. Currently, the pub is only open 4 days a week to maintain the status of the liquor license, which is 7-Day, on and off premises license. All equipment is in good repair and the 1000 square foot deck in the back has water views and a summer favorite for boaters and locals alike. All someone needs to do is put in a little time, money and effot to build the business back up to its true and full potential of $200K annually. The waterfront is currently being developed in this area and there are plans for a mall and business center with 300 homes being developed within 5 miles of this establishment. Great Opportunity for someone with Vision. http://listings.vestedbb.com/11930

Reason Selling: other business interests

Business For Sale By

Charles Dermott

1-877-sell-a-biz (735-5224)

Vested Business Brokers, Ltd.

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