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Long Standing Restaurant For Sale

District of Columbia County, District of Columbia, US
Asking Price:
$9,000,000
Sales Revenue:
$4,361,625
Cash Flow:
$1,925,424

This is a premier hospitality business located in the heart of Washington, D.C. For 28 years, the company has successfully combined a full-service restaurant and bar with a distinctive premium cigar experience, creating a destination unlike traditional dining establishments.

The business has cultivated a loyal and diverse customer base that includes local residents, business professionals, government employees, visitors, and cigar enthusiasts who value its welcoming atmosphere, quality food and beverage offerings, and exceptional customer experience.

Supported by an experienced team, a well-established operating platform, and a highly recognizable brand, the business has generated consistent revenue growth and strong cash flow while maintaining its position as one of the Washington metropolitan area's most respected hospitality destinations.

Property Information

Real Estate:

Lease

Premises Details:

The business operates from a well-appointed facility designed to support its distinctive hospitality concept. The space features a full-service dining room, a dedicated premium cigar lounge with comfortable seating, a full-service bar, and an outdoor patio that enhances the guest experience and expands seating capacity.

The facility comfortably accommodates approximately 164 guests and has been thoughtfully designed to create an inviting atmosphere that encourages repeat visitation and extended customer engagement.

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

This restaurant has established a strong operating platform supported by a recognized brand, loyal customer base, and consistent financial performance. While the business has achieved impressive results under its current ownership, opportunities remain for future growth through strategic initiatives, expanded marketing efforts, enhanced customer engagement, and continued operational optimization.

A new owner may also identify additional opportunities to leverage the company's established reputation and differentiated market position to further increase revenue and profitability.

Competition / Market:

Washington, D.C. is home to one of the nation's most dynamic hospitality markets, with more than 2,600 restaurants serving a diverse population of residents, business professionals, government employees, tourists, and convention visitors. Despite the depth of the market, relatively few establishments offer the unique combination of a full-service restaurant, premium beverage program, and authentic premium cigar lounge experience.

Over nearly three decades, this restaurant has established itself as one of Washington, D.C.'s premier destination hospitality concepts through its differentiated operating model, loyal customer base, and exceptional reputation. Its established market position provides a meaningful competitive advantage within one of the country's most competitive hospitality markets.

Reasons for selling:

The current owner has elected to retire.

Trading hours:

Monday-Sunday 11:30am-2am

Employees:
10 FT/10 PT
Years established:
28

Other Information

Support & training:

Will train for 12 weeks @ $0 cost.