Prime Restaurant in Laurel, Maryland (Seller Financing)!

Laurel, MD

Seller Financing Available

Main Bar
Asking Price:$395,000
Gross Revenue:$1,400,000
FF&E:$300,000
Cash Flow:$220,000
Inventory:$10,000
Established Year:2021
BUSINESS DESCRIPTION

Nestled in the heart of the economically vibrant Laurel, Maryland, and connected to the prestigious Double Tree by Hilton Hotel, this 7,700 square-foot restaurant represents an unparalleled opportunity for the savvy investor or seasoned restaurateur. With the bustling backdrop of a 4-star hotel featuring over 200 well-appointed rooms, large event/conference facilities, and the charm of Laurel itself, this establishment is poised for success.
Why This Restaurant?
• Strategic Location: Directly connected to the Double Tree by Hilton, this restaurant enjoys a steady flow of hotel guests, event attendees, and locals looking for premium dining experiences.
• Turnkey Operation: Recently renovated, every aspect of the restaurant from fixtures to furniture and equipment, radiates modern elegance and operational efficiency. Step into a business where everything is in pristine condition.
• Exclusive Services: As the primary provider of food and beverage services to the hotel, including room service, conferences, and events, the restaurant plays a pivotal role in enhancing guest experiences.
• Versatile Dining Spaces: The restaurant boasts a large private dining room, perfect for hosting larger parties, private events, or corporate gatherings, alongside versatile spaces for more intimate dining experiences.
Key Features:
• Located in the economically robust Laurel, Maryland.
• Part of the Double Tree by Hilton Hotel, a 4-star establishment.
• Recently underwent extensive renovations.
• Over 200 rooms, large conference rooms, and break-out rooms within the hotel.
• Large private dining room for special events and larger gatherings.
This is more than just a restaurant; it's an opportunity to own a cornerstone in Laurel's dining and hospitality market. Whether you're looking to expand your portfolio or step into a thriving business, this restaurant promises not just a place of business, but a potential legacy in the making.


ATTACHED DOCUMENTS
NDA.docx Download

DETAILED INFORMATION
Location
Laurel, MD
Inventory
Included in asking price
Employees
8
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
This exquisitely renovated 7,700-square-foot restaurant is a turnkey establishment where every detail has been meticulously updated to offer a top-notch dining experience. From the fresh appeal of new flooring, ceiling tiles, and paint to the custom-built bar, the restaurant promises a unique spot for guests to mingle and unwind. The expansive kitchen is equipped with three separate hoods, dual walk-in coolers, a walk-in freezer, and a spacious basement for all your storage needs. This kitchen is designed to cater to the restaurant and catering.
Competition
The restuarant is uniquely positioned as it provides the Food and Beverage services for the hotel guests but is situated right off of I-95 and in the middle of large office complexes with numerous employees. The establishment is by far the largest in the area with the largest party room and has unlimited potential as the area best sports-bar.
Growth & Expansion
There is huge opportunity for revenue growth for this establishment not only with increased overlapping with the food and beverage business for the hotel including all of the catering but also as a local sport-bar and lounge. The owners have applied for and expect to be granted permission from the County to host special events such as Karaoke, Trivia and Comedy shows. When this permission is granted the new owner can expect to realize additional profits from evening events.
Financing
Seller will consider seller financing subject to a review and approval of purchasers
Support & Training
Seller will provide 2 weeks of training
Reason for Selling
Seller is retiring
Report an Issue with this listing
profile-img
Matthew
Gorman
logo-img
Matthew Gorman