Business For Sale

Food & Beverage: Bars, Clubs, Nightspots


Live Music and Sports Bar with Tavern License

Washington, DC

Asking Price: Annual Revenue:
$125,000 $600,000

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RE: Live Music and Sports Bar with Tavern License Broker: Erik Woodworth Transworld Business Advisors of Chevy Chase
Owner Financing is Available!
$62500.00

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Quick Facts

Asking Price: $125,000
Annual Revenue: $600,000
Net Profit: Not Disclosed
Cash Flow: $600,000
Total Debt: Not Disclosed
FF&E: $15,000
Real Estate: Maryland
Year Established: 1970
Employees: 13
Listing Number: 155449765

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Business Overview:

Can you throw a great party? Are you ready to pack the house? Bar, lights, stage, sound system, DJ booth, large screen TV's, bartenders, bands, website... it's all here. And with a C/T "Tavern" license -- the only one issued in this upscale northwest DC neighborhood nightlife hub -- you won't have to worry about serving far more cocktails and beer than food! And don't forget to open the rooftop deck. The current owners have had a blast running this joint, generating over $1.5 million of sales at their peak, but it's time for them to move on. Put your social marketing and event booking skills to the test and make this the most popular entertainment destination in DC. Seller financing considered for qualified buyers.

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.

Reason for Selling:

Partnership dissolving.

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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