| Asking Price |
$800,000 | Inventory |
|
|---|---|---|---|
| Gross Income |
Not Disclosed | Real Estate |
|
| Cash Flow |
Not Disclosed | Year Established | N/A |
| FF&E |
N/A | Employees | N/A |
* included in the asking price
** not included in the asking price
Beautifully built out restaurant formally known as Banana Cafe and Piano Bar located in downtown Cumberland is now being offered for sale. Now closed, the fully remodeled restaurant is being sold with real estate. It is a 3 story building with 2 floors being used for the restaurant and bar. The third floor has plans drawn by an architect for 2 apartments and the plans will be included in the sale. The cafe is fully equipped with equipment and furniture along with the liquor license. Truely turn key, this restaurant could be opened quickly. The area is under going a revitalization and many good things are happening in Western Maryland. Property values are increasing in this part of the state. Nice large historic building. The Baltimore Sun reported on 6/29/2007 that home prices in Cumberland are up 17%. The National Association of Realtors, which calculated the change in median price for single-family homes sold in the first quarter of the year vs. the same period last year, says the Cumberland increase topped all other metro areas in the nation. So this is great news for wanting to buy a business in Cumberland, MD.
Reason Selling: Owners are conflicted with other restaurants they operate in Washington, D.C.

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