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Opportunities to purchase one of the hottest spots in DC nightlife just don't present themselves often. This is your chance to own a very popular nightclub and lounge in the District.Come see the recent no-expenses-spared buildout. Avoid the headaches and cost of creating your own venue and take over this successful business, while bringing your own branding, marketing and event promotion skills.Contact Erik Woodworth to express your interest in this opportunity. Prospective buyers will need to show their qualifications for taking over this prime club in the top nightlife hub of the DMV. Please use reply to this ad button to contact us.
You can earn income from EVERY laundry load done in your territory at a significantly lower cost than owning a single laundromat. For sale is an area license for an uber-like laundry delivery service with proprietary technology, operations expertise, and local marketing strength. You won’t be washing clothes. But you will make commissions on those who do. Earn $$ on any Licenses sold within your territory Earn $$ on all Owner/Operator Licenses sold within your territory Earn $$ for every load of laundry delivery in your territory Exclusive Territory This is a mostly-absentee ownership opportunity with high six-figure passive income potential. (Revenue scenarios are hypothetical. Your income will depend on your own business activities.)This listing won't last long. Let's chat at your convenience!
Washington DC Area Upscale Restaurant, Bar, Posh Lounge w/Live Music Venue, Hookah, 80-Seat Patio & for Sale – High Profit – Great BooksNAME/CONCEPT: Washington DC Area Upscale Restaurant, Bar, Posh Lounge w/Live Music Venue, Hookah, 80-Seat Patio & for SaleArea: Washington DC area minutes to everywhere. The restaurant is the jewel of the County and is the only restaurant in its class in the entire area. This is a wise investment for someone who has the time and desires to operate an extremely busy restaurant. SIZE/TYPE/SEATING BREAKDOWN: 7,000 square feet96 seats in the dining room101 seats in the lounge/bar area22 seats in the Private Dining Room80 seats on the outdoor patioRENTAL RATE/TERMS/OPTIONS:Rent $10,469.30Property Tax $4,166.02Insurance $2202.10CAM $2,245.30 (Common Area Maintenance)Total: $17,101.23OPERATING HISTORY: Opened almost ten years ago. The total cost to open was: $2,479,539$1,449,082.91 for furniture, equipment, and leasehold improvementsApproximately $41,164 for food and alcoholic beveragesApproximately $21,124 for marketingApproximately $3,720 for professional licensing fees/permitsApproximately $15,000 for uniforms Security deposit: $17,025Other: $257,049No loansVOLUME/NET Profit:Total revenue (2021): $2,577,123Net Income: $494,034Owners’ salaries were deferred.On pace to do $3 million in 2022Total Revenue YTD (2022): $1,819,447Net Income YTD (2022): $682,358GM Salary: $60,000AGM: $54,000Executive Chef: $54,080HOURS OF OPERATION: Monday: 4PM-10PMTues-Wed: 4PM-11PMThurs: 4PM-12AMFri: 4PM-12AMSat: 11AM-12AMSun: 11AM-5PMSELLING PRICE: $1,400,000
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