| Asking Price |
$799,000 | Inventory |
$60,000** |
|---|---|---|---|
| Gross Income |
$1,715,078 | Real Estate |
|
| Cash Flow |
$255,000 | Year Established | 1998 |
| FF&E |
$252,324* | Employees | 30 |
* included in the asking price
** not included in the asking price
This is a well-established, well-known restaurant located in much sought after Howard county. The business is located in a busy shopping center. There is approximately 3965 square feet and the restaurant seats 100 plus the bar. there is 4 years left on the lease with 2 five year options. The rent is currently $11,000 NNN and includes CAM, promotional fund, taxes and 6% above breakpoint. The restaurant is open 6 days a week for lunch and dinner. Serves Sunday Brunch. There is live entertainment on the weekends. If you are looking to expand or if you have a background in the restaurat business, don't miss out on this attractive opportunity.
Facilities: Well-established award winning restaurant and bar with a delightful ambience. Open 6 days a week. 3965 sq feet--seats 100. Very proifitable. 4 years left on lease with 2 five year options. Zagat rated, voted baltimore's best 7 years in a row. Live entertainment on weekends.
Competition: Business is located in great shopping area. There are other restaurants in the area; however this is one of the largest and best known.
Financing: Bank financing for qualified individual with liquid assets&restaurant experience
Support/Training: Owner will train for 3 months and be available for consult for 3-6 additional months.
Reason Selling: Owner has two ad'l restaurants; Needs more time for family

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