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Newly Remodeled Restaurant with 7 Day Liquor License

Glen Burnie, Maryland (Anne Arundel County)

Retail - Restaurants | Retail - Other Eating & Drinking Places

Asking Price $280,000 Inventory  
Gross Income $300,000 Real Estate  
Cash Flow Not Disclosed Year Established 1988
FF&E N/A Employees 0

* included in the asking price

** not included in the asking price

Health is forcing the sale of this restaurant. Previous concept was a very successful Oriental restaurant which was in business 20 years and closed in August 2006. The present Mexican concept opened in October 2006 and has a banquet facility that seats 90 guests. The banquet room contains a state of the art sound system, DJ booth and dance floor. The restaurant was completely remodeled when it opened for business as a Mexican restaurant.

Facilities: The restaurant is 5600 square feet and has a 5 room, 2 bedroom apartment upstairs. The restaurant rents for $5800/month or $7600/month for the restaurant and upstairs apartment. The lease term is 5 years plus a 5 year option to renew.

Growth/Expansion: The restaurant could be any concept you desire. It has a 7 day B/W/L license, on premise only with no food requirement.

Support/Training: No training will be offered.

Reason Selling: Health problems force the sale.

AD # 356847

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