Turnkey Restaurant & Bar Fully Equipped in Premier Dining District

Baltimore, Maryland, US, ID 284156

Turnkey Restaurant & Bar Fully Equipped in Premier Dining District 1
Turnkey Restaurant & Bar Fully Equipped in Premier Dining District 1
Asking price:
On request
Owner
Private Person

Сontact with me Private Person

Description

Second-generation restaurant and bar for sale in Baltimore, Maryland. The sale is structured as an asset purchase and includes the existing restaurant buildout, equipment, furnishings and liquor license, subject to transfer approval.

Space and seating

  • Approximately 2,200 sq. ft.
  • 45 indoor seats
  • 8 outdoor seats
  • 13 bar stools
  • Recently remodeled interior

The current layout can support dine-in service, takeout, third-party delivery and private events.

Kitchen equipment

  • High-capacity hood system
  • Underground grease trap
  • Walk-in cooler
  • Reach-in freezer
  • Two fryers
  • Eight-burner range
  • Flat-top grill
  • Double convection oven
  • Ice machine
  • Prep stations and shelving
  • Smallwares
  • POS system
  • Dining room furniture

Lease

  • Lease runs through October 2028
  • Renewal options available
  • Total occupancy cost: approximately $8,000 per month including CAM
  • Lease transfer subject to landlord approval

Current operation

The restaurant is presently operating on limited hours. Nine employees are currently in place.

The seller will provide approximately two weeks of training after closing.

Growth

  • Add lunch service
  • Extend weekday hours
  • Increase catering
  • Use the space for private events
  • Increase local marketing

Liquor license and financing

A full liquor license is included with the transaction, subject to applicable Baltimore and Maryland transfer requirements.

The listing states that financing options may be available, including unsecured lending of up to $500,000 for qualified buyers. Final approval and terms will depend on the lender and buyer qualifications.

Due diligence

Buyers should verify the lease and renewal options, equipment ownership and condition, liquor license status, staffing, outdoor seating rights, occupancy costs, outstanding vendor obligations and the exact assets included in the sale before closing.

Details

Real Estate: Lease
Employees (ppl): 9
Reason for selling: Pursuing other opportunities
Support from seller: Consultancy available
Square m2: 670

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