Business For Sale

Casual Restaurant and Bar with Roof Deck in NW DC

Washington, DC


Asking Price: Annual Revenue:
$699,000 $2,245,730

Food & Beverage: Bars, Clubs, Nightspots


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RE: Casual Restaurant and Bar with Roof Deck in NW DC Broker: Erik Woodworth
Owner Financing is Available!
$70,000.00

Quick Facts

Asking Price: $699,000
Annual Revenue: $2,245,730
Net Profit: Not Disclosed
Cash Flow: $355,448
Total Debt: Not Disclosed
FF&E: $499,201
Real Estate: Not Disclosed
Year Established: 2011
Employees: 35
BBN Listing #: 638749765
Broker Reference #: 77441-86688

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Business Overview:

Full-service restaurant and bar with fabulous rooftop deck! Tasty hand-tossed pizzas and craft beer. Menu uses high-quality ingredients: vegan, vegetarian and gluten-free options. Community focused in programming and vibe in this DC nightlife hub. Large projector screen TV perfect for game watches. Over 200 person capacity in approximately 6,000sf with over $1.5 million spent on equipment and build-out, including multiple TVs and integrated AV system.

Benefit from a class C "Tavern" license with entertainment endorsement and late weekend hours (up to 3:00am on Fridays and Saturdays).

Totally turnkey operation and ideal for an active owner-operator. This business has been pre-qualified for SBA-guaranteed financing given its complete set of books and records.

Some seller-financing may also be available subject to credit review.

Combining both SBA-guaranteed and seller financing might allow a very well qualified purchaser to buy this business with as little as 15% down (will depend on many things including full credit underwriting and how security deposits and other working capital needs are treated).

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

In one of DC's most dense entertainment districts with many other bars and restaurants surrounding it. This business benefits from its unique concept and from its highly sought-after roof deck.

Market Competition and Expansion:

A new owner could grow the business with additional marketing and event planning initiatives, along with further promotion of catering business, particularly during the week. New construction nearby may soon have a very positive impact on business in the neighborhood.

Reason for Selling:

Other business interests.

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.

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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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