Sports Bar and Restaurant for lease or Buy

Perryville, MD

Seller Financing Available

listing image
Asking Price:$45,000
Gross Revenue:$200,000
FF&E:$45,000
Established Year:2023
Cash Flow:$40,000
Inventory:$3,000
Real Estate:$650,000
BUSINESS DESCRIPTION

Fire Sale Turn Key Business !!!

We are offering an stablished operational Restaurant Bar, fully equipped and a full liquor license ,Game room, Pool tables, walk in freezer and walk in refrigerator, dish washer, Maryland Lotto, ATM Machine and all other bells and whistles, great location close to water ( 648 Broad st Perryville Maryland 21903) only 1/4 mile from the lake and 1.3 mile from Perryville Casino , you can operate the same concept or bring in your own. Currently a sports bar with mostly American style food and live music . Must have good credit and have restaurant experience. Low rent for the right operator. You may lease or Buy the entire operation for $685000 including real estate
For Qualified operators with existing location we may lease as low as $4500 plus NNN .We are asking No key money for the business however since there is extensive list of equipments and full set up already in place we are asking approximately 45k for the equipment as asset sale and for transfer of liquor license .For qualified operators with good credit and good restaurant background we may agree to a lease only agreement without any equipment asset purchase requirements.


DETAILED INFORMATION
Location
Perryville, MD
Inventory
Included in asking price
Real Estate
Owned
Building SF
2,500
Employees
5
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
All furniture and equipments including POS computers all electronics and inventory.
Competition
This restaurant is a neighborhood restaurant but it’s located in one of the main streets next to the post office and only 1.5 mile from casino and 500 feet from the water
Growth & Expansion
New tenant must utilize social media and delivery services via uber eats or grubhub etc , the neighborhood yawns for a good vibrant fun place with good food the current absentee operator did not do much advertising and was not personally involved or present .
Financing
30% down
Support & Training
7days
Reason for Selling
We are the landlords of the restaurant and we leave out of state

BUSINESS LOCATION
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