Profitable Restaurant & Bar - Can Convert

Washington, DC

MRB DC 812


Asking Price: Annual Revenue:
$199,000 $700,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Profitable Restaurant & Bar - Can Convert Broker: Sam Saa

Quick Facts

Asking Price: $199,000
Annual Revenue: $700,000
Net Profit: Not Disclosed
Cash Flow: $75,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: VA
Year Established: 2012
Employees: 10
BBN Listing #: 653526586
Broker Reference #: MRB DC 812

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Business Overview:

Large 3 level restaurant & bar in Washington DC.

This restaurant was established in 2012 and is averaging approximately $75,000 a year cash flow.

The current owner is looking to get out of the restaurant business and is ready to sell.

Great opportunity for anyone looking to take this established business to the next level.

This restaurant can be converted to fit any concept/menu.

Motivated Seller!
Please inquire for more information.


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Property Features and Assets:

Monthly Rent: $11,500 all in Lease Term: 5 years with 5 year option Size: 3,000 sf Seats: 125 Employees: 10 Monthly Payroll: $15,000 Utilities: $2,500

Market Competition and Expansion:

Can convert.

Reason for Selling:

Personal.

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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