Goldmine bar in Baltimore

Baltimore, MD
*Image may not represent actual restaurant

Goldmine bar in Baltimore


New concept could multiply the current income. Lots of space to expand. Area is gentrifying and seeing many other businesses sprout up. The new Canton or Fells Point?



Location

Country:

USA

State or Province:

MD, AL

City:

Baltimore

Location Zip or Postal Code:

upon request

Listing Information

Service Type:

Sit-Down Table Service, Liquor Primary

Title of Listing:

Goldmine bar in Baltimore

Year Established:

1951

Number of Locations:

1

Number of Seats:

Less than 50

Size:

1000, Square Feet

Patio:

Yes

Number of Employees:

Less than 10

Hours of Operation:

11 am -1 am

Growth or Expansion Opportunities:

Space for beer garden or restaurant, extra buildings

Reason for Selling:

Retirement

Owner Operated or Absentee Owner or Flexible:

Owner Operated

Training Provided:

Yes

Financial Details

Asking Price:

$900,000.00 for all lots and buildings

Gross Revenue Range:

$500,000-$1,000,000

EBITDA Range:

$100,000-$300,000

SDE Range:

$100,000-$300,000

FF&E Value (Furniture Fixtures and Equipment):

In good serviceable condition, but could be changed for a new crowd

FF&E Value (Furniture Fixtures and Equipment) included in price:

Yes

Inventory Estimated Value:

$Unknown

Vendor Financing Available:

Yes

Asset or Share Sale:

Asset

Real Estate Owned or Leased:

Real Estate Owned

Real Estate Value Included?:

Yes

Lease Term Remaining:

None

Total Monthly Rent:

$None

Financial Comments (include any Financing information that may be useful):

Owner would consider financing. Everything is owned outright and business advice is available, if desired.

Contact Listing Owner