Prime Location Restaurant & Bar-Can Convert

Washington, DC

MRB DC 740

Asking Price: Annual Revenue:
$159,000 $800,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Prime Location Restaurant & Bar-Can Convert Broker: Sam Saa

Quick Facts

Asking Price: $159,000
Annual Revenue: $800,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: VA
Year Established: 2017
Employees: 9
BBN Listing #: 586526586
Broker Reference #: MRB DC 740

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Business Overview:

Excellent opportunity to own this restaurant & bar on a heavily populated street in Washington DC.

This is currently an Asian restaurant but can be CONVERTED TO ANY MENU/CONCEPT.

Restaurant also serves hookah on the 2nd floor.
Dining area on first floor and full bar with outdoor patio on the 2nd floor.
Office & prep area in basement with walk in fridge/freezer. Large kitchen on the first floor.

Luxury condos next door should be completed mid 2019.
Also new apartment complexes being built about a 5 minute walk away.

Please inquire for more information.

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Property Features and Assets:

Lease Term: 5 years with 6 year option to renew. Size: 3,000 SF Seats: 60 inside/20 outside Employees: 9

Reason for Selling:

Other 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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