Business For Sale

Food & Beverage: Restaurants, Fast Food, Deli


Perennial Favorite Italian Restaurant-Upper NW DC

Washington, DC

Asking Price: Annual Revenue:
$500,000 $1,432,630

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RE: Perennial Favorite Italian Restaurant-Upper NW DC Broker: Erik Woodworth Transworld Business Advisors of Chevy Chase

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Quick Facts

Asking Price: $500,000
Annual Revenue: $1,432,630
Net Profit: Not Disclosed
Cash Flow: $353,292
Total Debt: Not Disclosed
FF&E: $196,000
Real Estate: Not Disclosed
Year Established: 1994
Employees: Not Disclosed
Listing Number: 227649765

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Business Overview:

Have you ever dreamed of owning and running your own restaurant? Are you a restaurant owner seeking to expand or upgrade? This is the one you’ve been waiting for. The one you don’t want to let slip away. The one you’ll keep for the rest of your days.

Rain or shine, going on its third decade, this northwest DC Italian mainstay welcomes its affluent loyal clientele with a warm smile, a glass of wine and a crusty slice of freshly baked bread.

As the current owners prepare to hand over the keys and head to the beach, will you be the one to seize this unique opportunity? Or do you know someone who may?

DETAILS:

• Fine-dining Italian restaurant in Northwest DC with wood-fired pizza oven

• Highly sought-after affluent residential neighborhood

• Rare to find restaurants of this caliber on the market

• Approximately 140 seats

• Off-street parking available

• Full bar

• Bread, pizza dough and pasta prepared in-house in dedicated baking room

• Attractive lease with over 15 years remaining including options

• Highly profitable fully turnkey operation.

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.

Market Competition and Expansion:

Update the menu and refresh the décor to create renewed excitement and rising sales.

Reason for Selling:

Retiring

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.

Resources:

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