Leading Co-Working Kitchen & Events Sp. with RE NETS $ 511K!!

Description

Multi-use food and event business with real estate for sale in Baltimore, Maryland.

The property includes a commercial commissary, event venue and a separate retail brewery space leased to a national tenant.

Reported annual revenue

• Commercial commissary: approximately $600,000
• Event space: approximately $200,000
• Brewery tenant rent: approximately $90,000
• Combined reported annual revenue: approximately $890,000

The seller states that the commissary is operating at roughly 80% of capacity, while the event business is using approximately 20% of available capacity.

Property details

• Approximately 28,864 sq. ft. building
• Owned parking
• Located near York Road in Baltimore
• Proximity to Towson and surrounding residential neighborhoods
• Renovations completed in 2015

The brewery portion of the property is currently leased to a national operator and provides separate rental income.

Potential areas for additional revenue include increased catering, longer operating hours, additional weekend food service and more active digital marketing.

The offering includes both the operating businesses and the associated real estate.

A signed confidentiality agreement and proof of funds are required before the exact location and additional confidential information are released.

Buyers should verify historical financials for each business segment, commissary and event utilization rates, brewery lease terms and tenant obligations, parking rights, property condition, zoning, food-service and event permits, liquor-related responsibilities, equipment ownership and any deferred maintenance during due diligence.