Owner Financing is Available!
Business Overview:
Nicely decorated 4,800 square feet location for sale. Lots of room for growth. Business opened less than 9 months ago and currently grossing over 34K per month. Unique Arab/middle eastern concept that can be kept or easily transformed. Perfect location for night club/ bar / restaurant and good lease terms. Owner has multiple locations across DC metro, currently opening one more, but has found time management constrains. Looking to sell or partner with the right individual.
Gross Monthly Sales are $34,000+ with Net Cash Flow Of $11,000.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Perfect location for a restaurant/nightclub. Lots of parking space. Big kitchen, fully equipped. Nice bar and dance floor. 4,800 square feet on busy highway.
Market Competition and Expansion:
Lots of room for growth. Based on location and size, it has the potential to reach gross annual sales of $700,000 or more. The business just opened 9 months ago and it has done well. Currently great Friday/Saturday night attendance. It has both liquor and smoking license.
Reason for Selling:
Owner has multiple locations. Time consuming.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.