Description of the business for sale
This tavern has been a Baltimore City Landmark for 50 years. Pouring alcohol to package goods ratio is about 50/50. The sales breakdown is $280,755 in sales and lottery sales are $48,694. The space has a large walk-in cooler. Contact us for more information.
Growth and Expansion: The owner is almost totally absentee so a new owner/operator would profit more by being hands on. Adding food would increase revenue as well.100 New Townhouses are coming to the neighborhood in 2009.
Reason Selling: The owner wants to work in a business that is not so time consuming.
Year Established: 1958. One point additional brokerage bonus to co-op brokers.
Support / Training provided by seller
The owner is offering 2 weeks training.
Description of the facilities
The facility rents for $3000/month NNN and is subject to a new lease. The building is 2658 square feet and the bar area is 1300 square feet. There is street parking with a corner location which is common of Baltimore City bars and taverns.
Competition: There are several bars within 4 blocks.