Iconic, Turnkey Restaurant & Bar For Sale- Price Reduced!!!
| Asking Price: | $349,000 |
| Gross Revenue: | $980,000 |
| Established Year: | 2012 |
| Cash Flow: | $125,000 |
| Rent: | $4,500/Month |
PRICE REDUCED and SELLER IS MOTIVATED!!! Iconic turnkey Federal Hill / Locust Point Restaurant with bar. This well-known and popular restaurant has seating for about 48, plus another 12 at the bar, and has the best outdoor dining patio in Federal Hill which easily seats another 30 people. Great location- walkable to Ravens and Orioles stadiums, CFG Arena, and the Inner Harbor. Sales average around $1,000,000 and can be increased by opening 7 days a week, adding weekday lunch and weekend brunch, and increasing the catering business. Prior to COVID, business was open 7 days with lunch and brunch and sales were 40% higher. Has a full 7-day beer wine and liquor license with live entertainment. The current owner has successfully operated this café for 12 years and is ready to pursue other ventures. Perfect for an owner/operator to take this to the next level.
