Goldmine Bar - Baltimore, MD
Goldmine bar
Financial Details
- Asking Price:
- $900,000
- Annual Revenue:
- $750,000
- Cash Flow / SDE:
- $200,000
- Profit Metric:
- SDE
- Valuation Multiple:
- 4.5x
- Location:
- Baltimore, MD, US
- Source:
- Date:
- September 15, 2025
Key Highlights
Description
This listing presents a well-established bar, 'Goldmine bar', located in Baltimore, MD, with a history dating back to 1951. The business operates as a sit-down table service establishment with a liquor primary license. Situated in a gentrifying neighborhood, the property offers significant growth and expansion opportunities, including space for a beer garden or additional restaurant concepts, and extra buildings. The sale includes the real estate, which is owned outright, and furniture, fixtures, and equipment (FF&E) in good condition. The business is owner-operated and the owner is willing to provide training. The owner is selling due to retirement and is open to vendor financing. The property is described as having less than 50 seats and approximately 1000 square feet, with a patio. The asking price is $900,000 for all lots and buildings.
Industry Information
- Industry Description:
- Bar
- Classification:
- Restaurants & Food
Operational Snapshot
- Year Established:
- 1951
- Reason for Selling:
- Retirement
Real Estate & Lease
- Status:
- Owned
Assets & Inventory
- Includes FF&E:
- Yes
Listing Details
- Listing ID:
- 2612e8e1-8a79-49e4-99ef-44d3506a605b
- Deal Status:
- For Sale
- Last Updated:
- September 15, 2025
- Currency:
- USD