Profitable Restaurant and Pub For Sale on Maryland's Eastern Shore

Chestertown, MD (Kent County)

Profitable Restaurant and Pub For Sale on Maryland's Eastern Shore
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Asking Price: $935,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: N/A

Established: 2001

Profitable Restaurant and Pub For Sale on Maryland's Eastern Shore

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Business Description

17 year old business with 5 bedroom home

Let our retirement be your opportunity! This busy, well established restaurant is located in historic Chestertown, MD. Ideal location in a high traffic area with plenty of parking and within walking distance of Washington College. Popular destination for hunting, boating and tourism. Current clientele includes students, tourists and local residents resulting in year-round business. Large property includes full service restaurant, patio and function room with room for expansion. Also included is 9 year old 5 bedroom, 3.5 bath home. Includes real estate. Property zoned multi-use, endless opportunities.

Maybe open to lease-purchase arrangements, all reasonable offers considered.

Detailed Information

Real Estate:
Owned
Included in asking price
Building SF:
N/A
Employees:
8
Facilities:
Fully equipped kitchen, restaurant and bar seating 65 people. Patio seating for 50 people. Function room with bar, restroom and seating for 50 people. Home includes 5 bedrooms (2 ground floor masters), 3.5 bathrooms, living area with open floor plan and large basement. Fenced yard for privacy and separation from business with in-ground pool and surrounding patio for personal use.
Competition:
Unique setting adjacent to College with no immediate competition. Very popular with students and faculty alike, along with locals and tourists.
Growth & Expansion:
Currently open 5 days/week, expansion potential to full week business. Large lot provides physical expansion potential, along with party room. This room could be utilized as a retail space for an array of products or services
Support & Training:
Will share recipes. Introduction to all suppliers.
Reason for Selling:
Retirement
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Business Listed By:
Elizabeth Bonass

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