Upper Fell's Point Restaurant/Tavern

Baltimore, MD (Baltimore City County)

Main Dining Room
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Asking Price: $675,000

Cash Flow: $42,426

Gross Revenue: $242,100

EBITDA: $42,426

FF&E: N/A

Inventory: $10,000

Real Estate: $525,000

Established: 1985

Upper Fell's Point Restaurant/Tavern

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Business Description

Established Fine Dining Tavern

Known throughout Baltimore for this establishments white table cloth dining and eclectic ambiance. Turn key opportunity to take over this family run Restaurant/Tavern. A destination dining spot as well as its loyal following from neighborhood residents.

Detailed Information

Location:
Baltimore, MD
Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
3,248
Employees:
5
Facilities:
Real Estate and Business for Sale. Building approximately 3,248 SF. 1st floor comprising 2 dining rooms, Bar, Men and Women's Restrooms, service area and ample storage room. 2nd and 3rd level is a 3 to 4 bedroom updated apartment. Possible rental between $1,800 to $2,000 per month OR a spacious owner/chef living quarters. 26 seats Dining Room 8 seats Rear Dining Room 20 seats Bar, 12 bar stools, 4 2 seat high tops 12 outdoor dining, seasonal Fully equipped kitchen including Auto Chlor, Ice Machine and Walk-in. 6 day, 1am BWL License in (Home Based)
Competition:
Located within the Upper Fell's Point neighborhood, frequented by neighborhood residents. Also withing walking distance of Historic Fell's Point, Fell's Prospect, Butchers Hill, Washington Hill and the Newer TRENDY neighborhoods of Harbor East and Harbor Point. Destination dining venue for frequenters of Fell's Point Corner Theater right around the corner.
Growth & Expansion:
Potential growth could be obtained by an On-line presence, web page and social media marketing.
Financing:
Open to Inquiries
Support & Training:
Negotiable.
Reason for Selling:
Long time owners of 34 years ready to retire.
Home-Based:
This business is Home-Based
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Business Listed By:
David Martz

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Listing Statistics

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Demographic Information

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