BALTIMORE — After nearly a month of negotiations, the historic Admiral’s Cup in Fells Point has been purchased by locally owned Atlas Restaurant Group.
A 230-year-old community staple, the water front corner bar is known for its nightly live music performances.
The Admiral's Cup acquisition grows Atlas Group’s bar and restaurant portfolio in Baltimore to 13 properties.
Next week, Atlas will open Monarque, a French-themed steak house in nearby Harbor East.
Atlas Group CEO, Alex Smith, wouldn't disclose the cost to acquire The Admiral’s Cup.
Under new ownership, not much is expected to change at the The Admiral’s Cup.
Live music will still go on seven days a week until 2 a.m. with a new scratch-made menu.
The three-story building located next door to The Admiral’s Cup at 1643 Thames Street also recently hit the market.