The Ella Grace Coffee & Cocktail Lounge

Washington, DC

MRB DC 850

Asking Price: Annual Revenue:
$175,000 $360,000

Food & Beverage: Coffee, Cafe, Dessert

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RE: The Ella Grace Coffee & Cocktail Lounge Broker: Sam Saa

Quick Facts

Asking Price: $175,000
Annual Revenue: $360,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: VA
Year Established: 2019
Employees: 4
BBN Listing #: 841226586
Broker Reference #: MRB DC 850

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Business Overview:

The Ella Grace
1421 H Street NE
Washington DC 20002
(please contact me for additional information)

Prime location coffee & cocktail lounge in Washington DC.
This low rent cafe has limitless potential for a new owner to come in and take this business to the next level.

Only being opened for 3 months it is currently doing around $30,000 per month in sales.

The current owner is 100% absentee and has decided to move across the country for other business ventures.

Tavern license is included with the sale of this business.

Bring any menu/concept and take advantage of this opportunity.

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:

Monthly Rent: $5,300 all in Lease Term: 5 years with 5 year option. Size: 1,800 sf Seats: 50 Employees: 4 Payroll: $3,000 per month Utilities: $1,000 per month Established: August 2019 Tavern License included

Reason for Selling:

Moving out of State.

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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