New American Restaurant & Bar in Port Deposit

Port Deposit, MD
listing image
Asking Price:$180,000
Inventory:$13,000
FF&E:$100,000
Gross Revenue:$500,000
Rent:$2,900
BUSINESS DESCRIPTION

Business Opportunity & Lease Assumption Opportunity. Thriving restaurant with bar specializing in New American cuisine in the heart of downtown Port Deposit. Features water views of the susquehanna , indoor and outdoor seating for 100, Chef designed high-end kitchen, use of liquor license, a very fair and favorable lease, and healthy revenues. Sale includes the business and all of its non-cash assets, furnishings, fixtures, and equipment, the assumption and/or renewal of a lease under $3K (which comes with the liquor license management agreement w/ landlord), and Goodwill. NDA required prior to disclosure of any additional information or tours. Lease application will be required with offers. Food and Liquor inventory is sold separately at cost.


DETAILED INFORMATION
Location
Port Deposit, MD
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
3,500
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Full Open Chef's Kitchen, Full Service Bar, Dining Room, Outdoor Deck Dining, Outdoor Wrap-Around Porch Dining. Main floor contains the restaurant. Lower level includes office, storage, refrigeration equipment, and walk-in.
Growth & Expansion
Opportunities for growth include: Catering, Parties, Carry-out, and delivery.
Support & Training
Training up to 14 days prior to settlement with full price offer
Reason for Selling
Retirement
Report an Issue with this listing
profile-img
Jason
Lusby
Charm City Commercial
Jason Lusby