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Maryland
Kitchen Commissary, Event Space, Retail Space
Asking Price
$5,500,000
Revenue
Call/Email
Down
$1,100,000
Cash Flow
Call/Email
Name: Michael McNamara
Name
Michael McNamara
Description
The commissary is operating at about 80% capacity and brings in $600k in revenue, while the event space is at 20% capacity and bringing in $200k per year (pre-covid they did 75 events per year). The brewery space is almost occupied with a AAA national client at $90k per year plus cam for at least 5 years.
The building, originally built in 1930's (and used as a car dealer) was recently completely remodeled in 2015 with a $3.5k investment. The commercial commissary is 10,000 square feet. A private commercial kitchen with 1,400 SF. The event space including supporting spaces is 12,000 SF. The brewery or other retail tenant space is 6,000 SF. Owned parking lots with 22 and 12 across the street was purchased at a later date. Total building size is 28,864
https://tworld.com/locations/Maryland/dcdowntown/listings/Kitchen-Commissary-Event-Space-Retail-Space
Business Details
Employees:
2
FE&E:
$550,000
Reason for sale:
Owner retiring
Lease & Tenant Information
Lease Options:
N/A
Other Information
Listing Number:
090122-721534
Sales:
$1,200,000
Seller's Discretionary Earnings:
$400,000
Posting Information
Posting ID:
ID tw:91190 / Listing Number 090122-721534
Business Category:
Restaurants
Keywords:
Transworld
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Posting Title
Kitchen Commissary, Event Space, Retail Space
Posting ID
#*4f25b71bf80b1ae3c9631c81a097d24c*91190
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