Popular Pasta & Wine Bar in Washington, DC

Washington, DC


Asking Price: Annual Revenue:
$150,000 $386,400

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Popular Pasta & Wine Bar in Washington, DC Broker: Alan Horn

Quick Facts

Asking Price: $150,000
Annual Revenue: $386,400
Net Profit: Not Disclosed
Cash Flow: $58,000
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: 2012
Employees: 15
BBN Listing #: 66232377
Broker Reference #: HZ425AH

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Business Overview:

Great opportunity to own a cozy pasta and wine bar in trendy Adams Morgan with patio seating on a high traffic corner. The restaurant has been established since 2015 and has a modern and upscale interior in a bustling part of the city. A new owner may continue building on the successful reputation of the existing restaurant or convert it to new concept! This is a MUST SEE opportunity and won't last long at this price!

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Property Features and Assets:

1,143 square feet cafe with outdoor seating that's newly remodeled with recently updated: kitchen, furniture, fixtures and equipment. Rent includes electric, water, trash, tax etc. = $8000 total. There are approximately 4 years remaining on the lease with a 5 year option available.

Market Competition and Expansion:

Competition: Standard competition for the industry and market. Growth & Expansion: The restaurant is well known in the area with an excellent reputation and well positioned for continued growth and expansion. However, a new owner has the option to convert to a new concept.

Reason for Selling:

Owner wishes to pursue 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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