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Established Diner For Sale- heart of Glen Burne, MD

Glen Burnie, MD
Diner
Asking Price:$3,500,000
Established Year:1952
Real Estate:$2,500,000
Listing ID: 2265117Listing provided by BizBuySell
BUSINESS DESCRIPTION

Popular restaurant/diner (Honey Bee Diner) established back in 1952 in Glen Burnie, MD with immense following. The 3,263 SF retail property is for sale. Long-time owner seeking new owner/operator for the diner, who would also purchase the real estate. Customers come from far and wide to the Honey Bee Diner to soak in the atmosphere. It's a local gem hiding in plain sight, and it's conveniently open 24 hours a day!
Entire investment includes the neighboring office (3,350 SF) and retail (1,339 SF) properties, both stabilized and fully leased. The properties offer direct frontage and visibility on heavily traveled Ritchie Highway in Glen Burnie, MD. All 3 properties are zoned C-3 and can likely be upgraded to C-4 in the future.

ATTACHED DOCUMENTS
Ritchie Highway.pdf Download
DETAILED INFORMATION
Location
Glen Burnie, MD
Inventory
Included in asking price
Real Estate
Owned
Included in asking price
Building SF
7,952
Facilities
The restaurant equipment is in excellent condition and can potentially be included with the sale of the diner business. The terms here are negotiable. The seller would strongly prefer the Honey Bee Diner brand is retained and staff is able to continue at this popular establishment.
Competition
Strong market for retail properties in Anne Arundel County, especially along Ritchie Highway in Glen Burnie. Honey Bee Diner is extremely popular and has had a long-time loyal following in the area.
Growth & Expansion
The Honey Bee Diner business has experienced sustained growth for many years with increased sales and profitability. The investor for this business and real estate will also benefit from the neighboring fully leased office and retail properties that are included in this sales offering.
Support & Training
Negotiable
Reason for Selling
The owner has had this establishment for over 41 years and is looking for a new
BUSINESS LOCATION
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William
McCullough
Gold and Company, LLC
Phone Number
William McCullough
Call Phone