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College Park Bar/Tavern
College Park, Maryland

Asking Price

$300,000

Revenue $1,500,000 / year Lease Rent $11,832 / month
Cash Flow $100,000 / year Square Feet 3,610
Direct Link www.restaurants-for-sale.com/28995

Restaurant/Tavern near the University of Maryland. This endcap space has 3,610 square feet and features a large outdoor patio area. It seats 177 including 12 at the bar. The patio seats another 40. There is also a private dining room that seats 22 people. The restaurant has a large amount of booths, large screen TVís and features hardwood finishes throughout. It also has a number of large party tables. The bar has 2 beer towers with 12 beers on tap. It has an open kitchen with a full cookline. There are 2 hoods, a 10í & 12í, along with a large keg box and walk in fridge. The monthly rent is $11,832 including all NNN charges. There are 5 years left with a five year option. Sales are averaging over $30,000/week. Unique, well established American concept that has been around for well over 30 years.

General Information

Organization Corporation
Year Established Contact For Info
Current Owners Contact For Info
Employees Contact For Info
Operating Hours Contact For Info
Reason For Sale moving
   

Facilities

Seating 177 + patio seats 40
Square Feet 3,610
Parking lot
Licenses Liquor License
   

Financials

Revenue $1,500,000 / year
Cash Flow $100,000 / year
Payroll Contact For Info
Inventory Contact For Info
FF & E Contact For Info
 
 

Lease

Lease $11,832 / month  
Expiration Not Available  
Yearly Adjustment Not Available  
Option Not Available  
Deposit Not Available  
     

Financing

Down Payment Contact For Info  
All Cash Contact For Info  
Note Balance Contact For Info  
Term of Note Contact For Info  
 
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Listing Contact

Jim Mcginnis
Restaurant Brokers & Developers, Inc.
phone: 301-651-8142
fax: 301-345-8012

www.therestaurantbroker.com

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