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Restaurant w// Property Balto's Restaurant Row

Baltimore City, Maryland (Baltimore City County)

Retail - Restaurants | Retail - Other Eating & Drinking Places

Asking Price $2,400,000 Inventory  
Gross Income $2,600,000 Real Estate  
Cash Flow $375,000 Year Established 1999
FF&E N/A Employees N/A

* included in the asking price

** not included in the asking price

Densely populated office & residential area. Area known as Restaurant Row . There is 10-12 million square feet of office space within 6-8 blocks. Well equipped, plenty of storage and an architecturally impressive space. Property includes apartments and parking lot. The business is available without real estate for $800K.

Facilities: 4 story townhouse built 1900. 9,500+/- SF: 1 bedroom apt on second floor, third floor duplex. 3500 SF +/-: Restaurant. Well equipped lower level kitchen, dining room and large bar 3500 SF +/-.Suite of offices on first floor. 16 foot ceilings, 16 marbleized columns. Outdoor seating. 14 space parking lot is part of property offering. Surrounded by 15-20 parking lots within 3 blocks, including one directly across the street.

Competition: Fantastic market! Center of Baltimore amidst office district, quickly growing residential presence and plenty of other restaurants. Close to theaters, museums and stadiums. Full service liquor license.

Growth/Expansion: The high concentration of business and residential allows for expansion and growth in both office catering and carryout. Owners with fresh passion and the willingness to commit the time to this business can grow the revenue stream. Opening on Sunday will also increase sales.

Financing: To be negotiated

Support/Training: To be determined

Reason Selling: they are ready to retire after 30 years in the business

AD # 345198

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