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Listed by:

Metropolitan Restaurant Brokerage

Northwest DC Restaurant/Bar, Outdoor Seating MRB VA 1757 For Sale

Washington, DC, District of Columbia, US
Asking Price:
$779,000 Furniture / Fixtures included
Sales Revenue:
$3,164,655
Cash Flow:
On request

Acquire a Northwest Washington, D.C. restaurant and bar with approximately $3,164,655 in annual sales. Offered at $779,000 and established in 2022, the venue combines a modern interior with a substantial existing trading base.

The approximately 4,300-square-foot premises provide seating for 180 guests, including outdoor dining. Eight full-time and 30 part-time employees support operations, with furniture, fixtures and equipment included. Hookah use is advertised as approved.

Monthly rent is $34,381, with approximately 10 years remaining and renewal options. The seller is relocating, with support and training available.

Enquire to review the accounts, operating permissions and lease. A signed confidentiality agreement and proof of funds are required.

Property Information

Real Estate:

Lease

Lease Terms:

Approximately 10 years remain, with renewal options. Monthly rent is $34,381.

Leasehold Rent:

$412,572 per annum

Premises Details:

Approximately 4,300 square feet with 180 seats including outdoor dining, a full-service bar and furnished, equipped restaurant facilities.

Size in square feet:
4,300 sq ft

Business Operation

Expansion Potential:

Develop the existing dining and bar offer within the venue and its approved operating arrangements.

Reasons for selling:

The owner is relocating.

Employees:
38 (8 Full-time, 30 Part-time).
Years established:
4 Years

Other Information

Support & training:

Support and training are available.

Listed by

Metropolitan Restaurant Brokerage