Biz for Sale

Businesses for Sale

This is a sampling of the many businesses we have available for sale or acquisition. If you have any questions please don't hesitate to contact one of our representatives at 877.268.9062 or fill out our E-mail Contact Form

Water Front Restaurant and Bar - Pasadena, Maryland

Asking:

Asking: $275,000
SOLD: $275,000
Included in the Asking Price:

  • Inventory: $27,000
Gross: $870,000
Cash Flow: $294,000

Summary Description:

Fabulous Waterfront Restaurant and Bar with ½ acre of land, 160 feet of waterfront in Pasadena, Maryland. This Restaurant, and Bar serves excellent Seafood, Pasta and Meat dishes plus, beer, wine and frozen drinks are available. It is an excellent atmosphere in the restaurant and bar, with fantastic views. The owner, owns the business and property, and will sell the business, with an option to buy the property after one year. Restaurant and Bar capacity of 275 people with excellent Seafood menu, Valet parking, various social events held, Keno, Live music, Dancing, Pool room, 21 Boat Slip rental, and 2 rental apartments.

General Information:

Year Established: 60 Year History
Employees: 8 FT 9 PT
Facilities: 9,932 square feet, with seating for 120 people in the restaurant, and a full bar. In a busy shopping center with ample parking. Rent: $5,400 per month (negotiable).

Market Outlook:

Competition: Some small restaurants in area, but no other waterfront restaurant. Business is in well known, high traffic shopping location.

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