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Mexican Restaurant with Liquor License/Bar

Glen Burnie, MD (Anne Arundel County)

Seller Financing Available
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Asking Price: $350,000

Cash Flow: N/A

Gross Revenue: $250,000

EBITDA: N/A

FF&E: N/A

Inventory: $15,000*

Rent: $7,000 /Month

Established: 2019

*not included in asking price.

Mexican Restaurant with Liquor License/Bar

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Business Description

Beautifully built, 200 seating capacity a Mexican restaurant with Liquor license and Bar is up for sale in Glen Burnie, MD. Liquor license allows to open until 2 am on Friday and Saturday also to sale Package goods. It has beautiful outside seating and ample parking lot. Currently its only offering dinner (4PM-10PM)and planning to open for lunch soon. Seller spent over 2 years to build it and spent almost $300K on it. It has 4 restrooms and one with Shower. It also has nice office behind bar area.

New owner can come with open ideas as this can be converted into new concept restaurant. It has capacity to do large numbers of business. You can add Lottery, ATM and Gaming machine for additional revenue. You can sell packaged alcoholic items, start DJ for weekend and much more.

Seller financing available with 75% down for qualified buyers.

Detailed Information

Location:
Glen Burnie, MD
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
4,000
Lease Expiration:
N/A
Employees:
8
Financing:
25% for Qualified Buyer
Reason for Selling:
No time to oversee
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(from currently available funds)
 
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Nick Adhikari

Business Listed By:
Nick Adhikari

Baltimore Business Brokerage

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