Maryland Sports Bar

Baltimore City County, MD
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Sale Pending
Asking Price:$1,250,000
Gross Revenue:$4,500,000
Cash Flow:$800,000
Rent:$14,693
BUSINESS DESCRIPTION

The place is exceptionally large and features:
4 separate bars (3 service bars and ONLY 1 featuring beer taps {20})
Main bar: features 20 beer taps and seats 13
Large Service Bar: seats 22 and features no beer on tap
Small Service Bar: seats 6 and features no beer on tap
Upstairs Private Service Bar: seats 6 and features no beer on tap
Fully sprinkled, security system in place, and features Bose sound system, 30 TVs scattered throughout the entire establishment. Max capacity of entire restaurant: 400
Throughout the restaurant the ceiling quality ranges from tin to an open concept for a more rustic appeal. There is also brick finishes throughout the establishment as well as brick flooring, and the large bar area features wood panel walls. Games include: 1 pool table, 2 Buzzer-Beeter basketball hoop games, 2 Touch Tunes Jukeboxes, and an ATM machine.
The main bar area has the ability to open windows and detach them, and there is an outdoor patio/deck off the main bar entrance with limited high-top seating. The restaurant is equipped with Digital Dining P.O.S.
There is a large ice machine outside. The large private dining area features picnic/booth style seating, a DJ booth, and a Garage Door that opens up to a large outdoor space with a friendly and welcoming atmosphere that can host up to 250 patrons.There are 2 restrooms on main floor and 2 upstairs. . The upstairs private dining area can accommodate parties up to 100 people, features a service bar, and has a fire escape staircase leading outside to the parking lot.
The kitchen features 12 ft hood, 6 burner stove, charbroil, flat top, large walk-in fridge, and freezer. There is also a second kitchen close to the large bar area.
Sales for 2022 were over $4.5 million. Rent is about 3% of sales.
SDE/Owners cash flow is over $800,000


DETAILED INFORMATION
Location
Baltimore City County, MD
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
11,000
Lease Expiration
01/01/2034
Employees
60
Facilities
Great location with large outdoor patio
Reason for Selling
Moving
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Jim
McGinnis
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Jim McGinnis