Bar With Real Estate
Location Maryland,United States
Asking Price Range $250K - $500K
Gross Revenues $120000
Net Profit / Cash Flow $40000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1940
Number of Employees 1 - 3
Inventory 15000
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Training Negotiable
Reason for Sale Absentee owner of business is vacating the premises
Description Great street visibility on southbound Route 1 near Main. On and off street parking. Top floor has an income producing apartment that brings in $800 per month. ON-OFF Liquor license is available in addition to the purchase price. Would make a great package store with, or without, the bar. The city of Laurel has several grant and financing programs for improvements to the property. Lots of nearby development on the books.
Current assessed value is $560,000 Asking $460,000 with up to $70K seller financing. Contact Arnold Heckman at 301-572-6000 x312.
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