Island Pub Restaurant/Bar on Kent Island

Asking Price$200,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$1,258,000

InventoryNot Disclosed

FF&ENot Disclosed

listing imageSave

Island Pub Restaurant/Bar on Kent Island


Asking Price$200,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$1,258,000

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
This Restaurant offers a turnkey opportunity in a high-traffic location with prime visibility in Queen Anne's County, MD. This established venue combines an attractive interior design with functional spaces and advanced facilities to provide an exceptional dining and entertainment experience.

Key Highlights:

Capacity: Seats 128 total, including a bar seating capacity of twenty.
Fully Equipped: No additional upgrades needed; just step in and operate.
Diverse Appeal: A family-friendly pub by day, and a vibrant entertainment venue by night.
Premium Location: Accessible to locals and travelers, ensuring a steady customer base.
Modern Infrastructure: Recent upgrades and new installations mean lower maintenance costs and enhanced operational efficiency.

Features and Amenities

 Restaurant offers a range of facilities tailored to create an enjoyable experience for patrons while maximizing operational efficiency.
14 Large TVs
6 Beers on Tap
Keno and Lottery
Toast P.O.S. with four stations
Security, sound, and lighting systems in place
Design: Features high-top tables, poured concrete flooring, and a beautiful wood bar top.
Kitchen 
The kitchen is the heart of this Restaurant, boasting fully upgraded and new equipment designed for high-volume service.
Appliances: Stainless steel throughout for durability and easy cleaning.
Cooking Equipment: 6-burner stove with oven, flat-top grill, char grill, and two 2-basket fryers.
Refrigeration: Large walk-in fridge, two 2-door reach-in freezers, an additional reach-in freezer, and a 2-door coffin freezer.
Prep Stations:Sandwich prep tables, ensuring smooth and organized food preparation.
Grease Trap: Located outside for convenient maintenance.
Ventilation: 12-foot grease hood for optimal safety and airflow.

Entertainment
Restaurant integrates modern technology to create an efficient and enjoyable experience for both staff and patrons.
Sound System: State-of-the-art audio for music and announcements.
Lighting System: Flexible lighting setups to suit various events and times of day.
Security System: Provides peace of mind for operators and customers.
Fourteen large TVs
Business Opportunities
Restaurant represents a rare opportunity to own a well-equipped, well-maintained, and highly appealing venue in a growing market. 

Revenue Streams:
Food and Beverage Sales: 2023 sales were $1,258,288
Gaming: Keno and lottery draw consistent patronage.
Private Events: The flexible seating arrangement and modern amenities make it an ideal spot for celebrations or corporate gatherings.
Lease Information
There are 8 years left on the lease with a five-year option
Rent is $8,503/month
Space is 3,200 s.f.

  Asking price is $200,000. Owner will finance the balance with $100,000 down.
About the Business
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
3,200
Rent
$8,503.00 per month
Lease Expiration
6/15/2032
About the Sale
Seller Motivation
Other Business interests
Financing Options
Owner will take $100,000 down and finance the balance.
Listing Info
ID
2311654
Listing Views
1960

Contact Seller

By clicking the button, you agree to BizQuest's Terms of Use and Privacy Notice.

Business Listed by: Jim McGinnis Restaurant Brokers & Developers, Inc.

Listing ID: 2311654 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.