Established Bar/Tavern with Income Producing Property

Baltimore, MD
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Asking Price:$1,075,000
Gross Revenue:$550,000
Established Year:1994
Cash Flow:$110,000
Real Estate:$800,000
BUSINESS DESCRIPTION

Income producing property included!

Don't miss out on this well known local Bar/Tavern/Restaurant. Immaculately finished interior. Same owner's for over 30 years who are looking to retire and travel. Located on busy, busy main street in Baltimore City. The Tavern is located on first floor with 2 leased apartments on second floor. Property is 4,000 sq. ft fully leased income producing. Rental income about $1,800-$2,000 per month. Gross revenue from the bar is between $500-$600k. For more information call Bob Walker 410-977-5493 or Harry Cohen 410-370-9094 with RE/MAX Advantage Realty/ Commercial and Business Brokerage Division


DETAILED INFORMATION
Location
Baltimore, MD
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Building SF
4,000
Employees
6
Support & Training
Owner will stay on for trainning
Reason for Selling
Same owner's for 30 plus years and want to retire and travel
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Robert
Walker
Re/Max First Choice (Commercial)
Robert Walker