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Listed by:

Metropolitan Restaurant Brokerage

Northwest DC Restaurant, Established Sales MRB DC 1631 For Sale

Washington, DC, District of Columbia, US
Asking Price:
$689,000 Furniture / Fixtures included
Sales Revenue:
$2,500,000
Cash Flow:
On request

Acquire a Northwest Washington, D.C. restaurant and bar generating approximately $2.5 million in annual sales. Offered at $689,000 and established in 2021, the operation trades from a busy commercial setting near residential and office buildings.

The approximately 4,000-square-foot venue provides 100 seats, furnished dining areas and an equipped kitchen and bar. A team of 36 supports the existing operation.

Monthly rent is $17,000, with approximately eight years remaining and an option to extend. The seller is relocating, with support and training available.

Enquire to review the financials, facilities and lease. The existing sales base and substantial fit-out may suit an experienced restaurateur expanding within the D.C. market. Proof of funds is required.

Property Information

Real Estate:

Lease

Lease Terms:

Approximately eight years remain, with an option to extend. Monthly rent is $17,000

Leasehold Rent:

$204,000 per annum

Premises Details:

Approximately 4,000 square feet with 100 seats and furnished, equipped restaurant and bar facilities.

Size in square feet:
4,000 sq ft

Business Operation

Expansion Potential:

Build on the current dining and bar customer base through active operational management.

Reasons for selling:

The owner is relocating.

Employees:
36 employees.
Years established:
5 Years.

Other Information

Support & training:

Support and training are available.

Listed by

Metropolitan Restaurant Brokerage