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Listed by:

Metropolitan Restaurant Brokerage

Northwest DC Restaurant And Bar Assets For Rebranding For Sale

Washington, District of Columbia, US
Asking Price:
$189,000 Furniture / Fixtures included
Sales Revenue:
$2,750,000
Cash Flow:
Undisclosed

Acquire the fitted assets of a substantial Northwest Washington, D.C. restaurant and bar near Capital One Arena, offered at $189,000. The existing operation reports approximately $2.75 million in annual sales.

The approximately 5,000-square-foot venue provides 120 seats, multiple full-service bars and outdoor seating, with furnished dining areas and kitchen equipment included. Offices, hotels and entertainment venues contribute to the surrounding customer market.

This is an asset sale, and the current business name does not transfer. Rent is $35,000 per month including NNN charges, with approximately four years remaining and two renewal options.

Enquire to review the asset schedule, existing trading information and lease. Proof of funds is required before confidential details are released.

Property Information

Real Estate:

Lease

Lease Terms:

Approximately four years remain, with two renewal options. Monthly rent is $35,000 including NNN charges.

Leasehold Rent:

$420,000 per annum

Premises Details:

Approximately 5,000 square feet with 120 seats, multiple full-service bars, outdoor seating and furnished, equipped facilities.

Size in square feet:
5,000 sq ft

Business Operation

Management type:
This business has absentee ownership.
Expansion Potential:

Introduce your own restaurant, bar or lounge brand to the existing venue. The current name is excluded.

Reasons for selling:

The owner is moving out of state.

Years established:
6 Years

Other Information

Business closed / Asset sale:
Yes

Listed by

Metropolitan Restaurant Brokerage