Baltimore Bar in Fantastic Location

  • $750,000

Description

BEST LOCATION IN NORTH HARBOR AREA OF BALTIMORE WITH WATERFRONT VIEWS! This 3,760 sq  ft restaurant has a beautiful setting with yachts and the Baltimore Harbor in background. The operation features  fresh squeezed margaritas and a craft tequila selection.

The business has an outdoor patio license and alcohol is permitted outside. $0 fees for patio (private property)! Total capacity- 175; 110 inside-65 outside. 24 hour security is provided.

There is a large, gorgeous bar area- the concept gravitates towards high-top tables and the building has beautiful laminate hardwood flooring. There are 282 units and a rooftop pool in the existing building. Service allowed outback with side door for easy accessibility.

The 2nd Bar has been freshly renovated! PERMITTED TO PUT GARAGE DOORS IN ALL OF THE WINDOWS!!! You could easily convert windows to bay or garage style windows and make entire concept open and outside. It has an “Open Concept Kitchen”. Kitchen has 2 temp controlled hoods- 14’ and 8’; 2 walk-ins (8×12 & 6×10) Ice machine (Follett) 8 burner stove with two ovens 2 two-basket friars Flat top grille Elevator for deliveries. There are 5 restrooms in total (4 for customer and 1 for employee)- very clean and spacious with subway tiling. 50 tequilas served at bar! Multiple juicers- one for everyday use and one for bulk use($10K machine). Stand up fridge. Restaurant uses shakeZips for cocktail use. Well hidden server’s station. Great natural lighting throughout with the potential for more if you remove aluminum window beams! The restaurant is equipped with FUTURE P.O.S.

The water taxi hub is coming to Fells Point Baltimore area which is very close by. Restaurant has been in operation for 3 years (1.5 years during Covid). 2019- $1.6 Million with no nights

Before Covid- 4K lunches.  Full day concept would kill it- (Now only open from 5PM-10/11PM). Fells Point is exploding! Plenty of retail development coming to the area! Rent-$15K/month- $180K all in, including NNN’s. 7 years left with 2 five year options. Annual 2% raise. 55% food 45% alcohol. Lunch crowd is KILLER! Great Sunday afternoon crowd! Food costs is 28%

Best location in Baltimore with waterfront views!

Asking price is $750,000

Address

  • City Baltimore City
  • State/county Maryland
  • Area North Harbor

Details

Updated on November 9, 2021 at 7:15 pm
  • Price: $750,000
  • Property Size: 3760 Sq Ft
  • Property Type: All Restaurants for Sale and Lease
  • Property Status: For Sale

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Jim McGinnis
  • Jim McGinnis

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Jim McGinnis
  • Jim McGinnis