Buy a Popular Bar in Northwest Washington DC For Sale business for sale in Adams Morgan on BusinessesForSale.com

  • Advert ID: 504295

Popular Bar in Northwest Washington DC For Sale


Price Reduced

Location:
Category:
Asking price:
$450,000
Sales revenue:
$500k < 1m
Net profit:
< $250k
Years established:
3
Employees:
17


Successful and profitable bar for sale in Adams Morgan, Washington, DC. Bar has a highly desirable tavern license designation, which means no minimum food requirements. The only way to get these licenses is to buy an existing license! Huge dance floor!


Real Estate:
Lease
Lease terms:
Low monthly lease with 7 years remaining plus a 5 year option.
Location:
Business is located centrally in the heart of the night-club district on 18th Street.

Expansion potential:
Business can be expanded through increased attention to food sales and opening 7 days per week.
Competition / Market:
There are other restaurants, bars and clubs, which attract thousands of patrons nightly.
Support & training:
Up to 1 month or as needed
Reasons for selling:
Moving
Trading hours:
Can be open 12pm-2am weekdays, 3am on Friday/Saturday nights
Financing available:
Will consider financing up to 25% of purchase price
Furniture / Fixtures value:
$50,000
Inventory / Stock value:
$10,000

For more information about this business for sale, click the Contact Seller button.

Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.

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