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Restaurant and Lounge

Maryland (Anne Arundel County)

Retail - Restaurants | Retail - Bars/Taverns

Asking Price $165,000 Inventory  
Gross Income $480,000 Real Estate  
Cash Flow $48,000 Year Established N/A
FF&E N/A Employees N/A

* included in the asking price

** not included in the asking price

Located on the end/corner of strip center with plentiful parking. This sell has owned this business for 25 years and is ready to retire. License: Beer/Wine/Liquor 7 Day. Monthly Payroll: $3,000. Lease: 7 year/Rent: $6,078 and includes all CAM, Taxes. Utilities: approx. $1,900 (electric/utilities) plus approx. $1,000 for propane. 3,900 square feet. Three employees. All kitchen equipment is in good shape. Bar is only about 4 years old and is beautiful! Hours: Weekdays 11:30 am to 11 pm. Weekends 11:30 am to 1 am. Seats 115 for Dining and 15 at Bar. Two TV's, three lottery keno screens. Has Lottery/Keno license. Located in busy strip center off busy highway. Has XM Satellite radio in both bar and dining area. This restaurant and lounge has a wide variety of customers and can easily be converted from offering Chinese to American or Any other dish menu.

Business For Sale By

David Peter

240/535-2643

Liberty Business Brokerage

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