Fabulous-American Restaurant & Bar in Annapolis NETS $ 442K!!!!

Listing Number: 090122-210452

Listing Details

Fabulous-American Restaurant & Bar in Annapolis NETS $ 442K!!!!
Price: $595,000
Location: Anne Arundel County, Maryland
  • Down Payment: $400,000
  • Sales: $1,710,433
  • Seller's Discretionary Earnings: $442,090
  • Inventory: $120,000
  • Furniture, Fixtures, and Equipment: $250,000
  • Rent: $16,500
  • Employees: 19
  • Year Established: 1995
  • Reason for Selling: Owner retiring

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For More Information About This Listing
Michael McNamara

Business Description

Semi Absentee | Prime Location | Business over 31 years | Offers brunch, lunch, and dinner with full 7-day liquor license and live entertainment Friday and Saturday nights | Very classy joint with seating for 280 |  Ample parking, growing revenue every year!

Owner has been easing into retirement and now ready to fully retire. Fun and easy business to own and operate where the owner can expect to earn $500 k plus per year after all expenses.

LOCATION, LOCATION, LOCATION!!!!!!!!!!!!!!!!!!!!!!!!
A long successful business in located on a super top-notch and highly visible landmark 3-sided corner location of a main road in Severna Park Area, directly next to a mix of residential and commercial buildings on the highway in MD!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Absolutely gorgeous American & Italian Restaurant (with Class A Full ABRA Liquor License) with Landmark 3-sided Corner Property for Sale (fast moving Inventory of $ 70,000.00, approximately and is included in the sale price). The business is available on cash or against sellers attractive sellers financing terms for the buyers.

For over 31 years, this brand has been providing its community with delicious cuisine in very inviting, comfortable restaurant settings.

The founder owner behind the restaurant has established delicious menus generating extraordinary margins for years, cooking lines, processes and management in place which makes this business opportunity especially appealing to new ownership who would like to immediately capture a solid footprint in one of the best markets in the US. Over the decades the Company has curated its menus in order to maximize efficiency in the kitchen and keep its Cost of Goods and Operational costs under control. The results is a profitable, well-run, well-staffed restaurants ready for new ownership to step in.

This 5 Star Severna Park restaurant is for sale since owner is retirig and is a famous and GOLD MINE business. The business is strong, highly profitable with enormous growth potential for the future with the right buyers! Incredible multi-million-dollar build-out. Well over 5,205 square feet with 220 inside seats - OPEN ONLY 7 DAYS. Outdoor patio seating for over 40.

his STATE-OF-THE-ART Restaurant is SO BUSY - they always have a line out the door, even with seating for over 220 guests. They have a full service nice huge BAR AREA.


BUSINESS & FINANCIAL HIGHLIGHTS
Est: 1995 (udner the same owner)
Sale Options: Business is available on Sale with or without Property
Location: High Visibility Corner on Major Old Highway
Yearly Revenue and Profit Trends: Steadily Growing
Store size 5,205 square footage

2024 Sales: $1,710,000.00
SDE: $442,000.00 (approx.)
ONGOING FANTASTIC PERFORMANCE IN 2026 (Sales Performance and SDEs trends):
Business is growing around 17 % yoy, achieving sales of over $ 2,000,000.00 in 2026 while profit margins are remaining intact with preceding years.

As per the management, they are hoping to have consistent performance by the end of 2027 and beyond.

STRONG GROWTH POTENTIAL
The business and landmark location offers following growth opportunities to the buyers:
- Catering services to retail (private parties) and commercial clients in DC and affluent Severna Park area near Annapolis, MD
 -Extended hours from 8 am to 12 am in the night (adding the services such as breakfast, brunch, catering, deliveries, targeting larger area for further boosting the sale in the area to amplify the business in future
- Digital marketing to reach our larger groups to have stronger presence amongst the younger crowds
- Bar services can be reinvigorated with added hours especially on the weekends

THE UNMATCHED TRANSWORLD VALUE
This MD-based company for sale is proudly offered by Transworld Business Advisors, the number one business brokerage in the world. With local presence AND global marketing reach, Transworld Business Advisors provides main-street and middle market business owners and buyers with transaction expertise.

A SIGNED CONFIDENTIALITY AGREEMENT & PROOF OF FUNDS IS REQUIRED FOR THE EXACT LOCATION.

Business Owners: We represent prequalified buyers/clients that are very interested in buying all types of businesses and leading restaurants and bars. If you have any interest in selling your business at this time or in the near future, please contact me at [email protected]Our buyers are already qualified and willing to invest their time and money in a business like yours. All communications are kept STRICTLY CONFIDENTIAL.

FOR INTERESTED SERIOUS PARTIES PLEASE CALL:

Michael McNamara - Senior Business Advisor/Broker
at CELL 443-468-3253

OR 


AAMER CHAUDHARY (CEO TRANSWORLD, DC ANNAPOLIS BALTIMORE) AT CELL 202 509 3739 or (703) 457-0362 or [email protected].

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