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Business For Sale
RESTAURANT AND PUB
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Asking Price: |
$399,000
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Restaurants, Fast Food, Deli
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Reason for Selling:
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retirement |
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Year Established:
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1981 |
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# of Employees:
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12 |
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Yearly Cash Flow:
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$125,000 |
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Yearly Gross Income:
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$1,100,000 |
Business for Sale Overview:
Turn key opportunity to own a business that is a combination bar, cafe/restaurant, and a night club. The business is located in a central business district near a metro rail and bus station in suburban Washington, DC. The business offers fantastic food, outstanding drinks, and live music. The menu is a variety of hot and cold selections along with daily specials including homemade soups. An extensive selection of draft and bottled beers, wine, spirits, single malt and other beverages are always on hand. The business offers a familiar, enjoyable and fun atmosphere for its customers as well as its staff. A cozy atmosphere blends with all the other ingredients to form a place where everyone can find good friends and have an enjoyable time. The business has very high quality kitchen equipment and a clean and efficient bar in which to work. This business has a strong focus on the surrounding business and residential community and this focus has been a big factor in the businesses' success. The staff has been another key factor and all have expressed a willingness to stay with the new owner to continue this successful community business.
Property Features and Assets:
This restaurant and pub with 2,100 sq.ft. of space and 60 seats was established 26 years ago. Base rent is only $4,500 per month.
Market Competition and Expansion:
This is a special drinking and eating place with long history of success. New owner can run more promotion to attract new customers and increase the revenue.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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