Absentee-Owned Restaurant in Historic Downtown – Real Estate Available
By Deal Studio
Asking Price
$1,200,000
SDE
$433,665
EBITDA
Industry
$333,664
American Restaurants
Gross Revenue
Location
$1,934,751
Saint Mary's County, Maryland
Absentee-Owned $2M+ Revenue Restaurant in Historic Downtown – Real Estate Available
This well-established full-service restaurant operates in a restored historic building in a charming downtown setting. Known for its consistent $2M+ in annual revenue and over 67% gross margins, it has built a loyal customer base through a combination of Southern-inspired cuisine, elevated hospitality, and a full-service bar. The business has a proven operational structure with a general manager and assistant managers overseeing day-to-day operations, allowing the current owner to be removed from day-to-day operations.
Strong discretionary earnings, consistently producing over $440,000, highlight its stable financial performance. Industry trends in Maryland continue to support growth in full-service, single-location restaurants, with consumer interest in local, experience-driven dining remaining strong. The restaurant is fully staffed, well-maintained, and modernized for guest reservations and service efficiency, providing an attractive opportunity for an experienced operator or hospitality investor. The real estate is being offered for sale (or lease), by Infinitas Realty, in conjunction with the sale of the business for an additional $1,400,000. This opportunity has been prequalified for lender financing for a well-qualified buyer with or without the real estate purchase.
The business is owned by a fully absentee owner who has lived out of state for two years. A General Manager and Assistant Managers manage the restaurant. The SDE shown includes a rent charge of $79,500, is based on the Last Twelve Months through May 2025, and is for a full-time owner-operator.
Qualified buyers will receive a complete Confidential Information Memorandum (CIM) upon completing the Non-Disclosure Agreement and showing the capability to purchase the business.
Internal ID
1305-19021
Business is
Absentee Owner
Number of Employees
33
Year Established
2010
Financing Notes
$120,000
FF&E
$16,050
FF&E Included
Yes
Inventory
$25,000
Inventory Included
Yes
Real Estate
$1,400,000
Real Estate Included
No
Reason for Selling
The owner is pursuing other business ventures.
Facilities & Assets
This full-service restaurant operates from a restored historic property in a walkable
downtown area of a Southern Maryland community. The building blends classic charm and
is fully equipped for high-volume food and beverage service. Indoor dining is complemented
by seasonal outdoor seating, creating a welcoming guest experience. A related entity owns
the property and is available for lease or sale with the business.
Support & Training
The seller will provide transition assistance for 4 weeks at no additional cost.
Market & Competition
Operating in a stable and growing sub-regional market, this restaurant benefits from local loyalty and visitor traffic in a walkable downtown setting. While the broader industry is competitive, the business has carved out a durable niche through its atmosphere, food quality, and professional service. It stands out from nearby casual dining and national chain concepts by offering a distinctive dining experience in a high-visibility location.
Growth & Expansion
This established restaurant offers multiple avenues for future growth. A new owner could expand private events, optimize underutilized marketing channels, and increase revenue through enhanced takeout and digital ordering. The restaurant’s financial performance is strong, but operations have remained relatively stable under absentee ownership, suggesting that a more involved owner could capitalize on several low-hanging opportunities.
Asking Price
$1,200,000
SDE
$433,665
EBITDA
Industry
$333,664
American Restaurants
Gross Rev.
Location
$1,934,751
Saint Mary's County, Maryland
Absentee-Owned $2M+ Revenue Restaurant in Historic Downtown – Real Estate Available
This well-established full-service restaurant operates in a restored historic building in a charming downtown setting. Known for its consistent $2M+ in annual revenue and over 67% gross margins, it has built a loyal customer base through a combination of Southern-inspired cuisine, elevated hospitality, and a full-service bar. The business has a proven operational structure with a general manager and assistant managers overseeing day-to-day operations, allowing the current owner to be removed from day-to-day operations.
Strong discretionary earnings, consistently producing over $440,000, highlight its stable financial performance. Industry trends in Maryland continue to support growth in full-service, single-location restaurants, with consumer interest in local, experience-driven dining remaining strong. The restaurant is fully staffed, well-maintained, and modernized for guest reservations and service efficiency, providing an attractive opportunity for an experienced operator or hospitality investor. The real estate is being offered for sale (or lease), by Infinitas Realty, in conjunction with the sale of the business for an additional $1,400,000. This opportunity has been prequalified for lender financing for a well-qualified buyer with or without the real estate purchase.
The business is owned by a fully absentee owner who has lived out of state for two years. A General Manager and Assistant Managers manage the restaurant. The SDE shown includes a rent charge of $79,500, is based on the Last Twelve Months through May 2025, and is for a full-time owner-operator.
Qualified buyers will receive a complete Confidential Information Memorandum (CIM) upon completing the Non-Disclosure Agreement and showing the capability to purchase the business.
Internal ID: 1305-19021
Business is: Absentee Owner
Number of Employees: 33
Year Established: 2010
Financing Notes: $120,000
FF&E: $16,050
FF&E Included: Yes
Inventory: $25,000
Inventory Included: Yes
Real Estate: $1,400,000
Real Estate Included: No
Reason for Selling
The owner is pursuing other business ventures.
Facilities & Assets
This full-service restaurant operates from a restored historic property in a walkable
downtown area of a Southern Maryland community. The building blends classic charm and
is fully equipped for high-volume food and beverage service. Indoor dining is complemented
by seasonal outdoor seating, creating a welcoming guest experience. A related entity owns
the property and is available for lease or sale with the business.
Support & Training
The seller will provide transition assistance for 4 weeks at no additional cost.
Market & Competition
Operating in a stable and growing sub-regional market, this restaurant benefits from local loyalty and visitor traffic in a walkable downtown setting. While the broader industry is competitive, the business has carved out a durable niche through its atmosphere, food quality, and professional service. It stands out from nearby casual dining and national chain concepts by offering a distinctive dining experience in a high-visibility location.
Growth & Expansion
This established restaurant offers multiple avenues for future growth. A new owner could expand private events, optimize underutilized marketing channels, and increase revenue through enhanced takeout and digital ordering. The restaurant’s financial performance is strong, but operations have remained relatively stable under absentee ownership, suggesting that a more involved owner could capitalize on several low-hanging opportunities.
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Absentee-Owned Restaurant in Historic Downtown - Real Estate Available
https://sellcharlottebusiness.com/listing/absentee-owned-restaurant-in-historic-downtown-real-estate-available/
Asking Price
$1,200,000
SDE
$433,665
EBITDA
$333,664
Industry
American Restaurants
Gross Rev.
$1,934,751
Location
Saint Mary's County, Maryland
Business Description
Absentee-Owned $2M+ Revenue Restaurant in Historic Downtown – Real Estate Available This well-established full-service restaurant operates in a restored historic building in a charming downtown setting. Known for its consistent $2M+ in annual revenue and over 67% gross margins, it has built a loyal customer base through a combination of Southern-inspired cuisine, elevated hospitality, and a full-service bar. The business has a proven operational structure with a general manager and assistant managers overseeing day-to-day operations, allowing the current owner to be removed from day-to-day operations. Strong discretionary earnings, consistently producing over $440,000, highlight its stable financial performance. Industry trends in Maryland continue to support growth in full-service, single-location restaurants, with consumer interest in local, experience-driven dining remaining strong. The restaurant is fully staffed, well-maintained, and modernized for guest reservations and service efficiency, providing an attractive opportunity for an experienced operator or hospitality investor. The real estate is being offered for sale (or lease), by Infinitas Realty, in conjunction with the sale of the business for an additional $1,400,000. This opportunity has been prequalified for lender financing for a well-qualified buyer with or without the real estate purchase. The business is owned by a fully absentee owner who has lived out of state for two years. A General Manager and Assistant Managers manage the restaurant. The SDE shown includes a rent charge of $79,500, is based on the Last Twelve Months through May 2025, and is for a full-time owner-operator. Qualified buyers will receive a complete Confidential Information Memorandum (CIM) upon completing the Non-Disclosure Agreement and showing the capability to purchase the business.
Detailed Information
Internal ID
1305-19021
Business is
Absentee Owner
Number of Employees
33
Year Established
2010
Financing Notes
$120,000
FF&E
$16,050
FF&E Included
Yes
Inventory
$25,000
Inventory Included
Yes
Real Estate
$1,400,000
Real Estate Included
No
Additional Information
Reason for Selling
The owner is pursuing other business ventures.
Facilities & Assets
This full-service restaurant operates from a restored historic property in a walkable
downtown area of a Southern Maryland community. The building blends classic charm and
is fully equipped for high-volume food and beverage service. Indoor dining is complemented
by seasonal outdoor seating, creating a welcoming guest experience. A related entity owns
the property and is available for lease or sale with the business.
Support & Training
The seller will provide transition assistance for 4 weeks at no additional cost.
Market & Competition
Operating in a stable and growing sub-regional market, this restaurant benefits from local loyalty and visitor traffic in a walkable downtown setting. While the broader industry is competitive, the business has carved out a durable niche through its atmosphere, food quality, and professional service. It stands out from nearby casual dining and national chain concepts by offering a distinctive dining experience in a high-visibility location.
Growth & Expansion
This established restaurant offers multiple avenues for future growth. A new owner could expand private events, optimize underutilized marketing channels, and increase revenue through enhanced takeout and digital ordering. The restaurant’s financial performance is strong, but operations have remained relatively stable under absentee ownership, suggesting that a more involved owner could capitalize on several low-hanging opportunities.
Murphy Business Sales – Charlotte, NC Business Brokers
19109 W Catawba Ave, Suite 200
Cornelius, NC 28031
Office: 704-992-7696
Email: Broker@MurphyBizSales.com
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