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Listed by:

Metropolitan Restaurant Brokerage

Northwest DC Restaurant, Limited Hours MRB DC 1697 For Sale

Washington, DC, District of Columbia, US
Asking Price:
$299,000 Furniture / Fixtures included
Sales Revenue:
$1,000,000
Cash Flow:
On request

Acquire a Northwest Washington, D.C. restaurant and bar with approximately $1 million in annual sales while trading dinner only, five hours a day and five days a week. Offered at $299,000, the business has operated since 1986.

The approximately 2,400-square-foot premises provide 74 indoor seats and 24 patio seats, supported by 12 trained employees. The seller describes annual owner cash flow ranging from $140,000 to $200,000, with the accounts available for review.

Monthly rent is $9,000, with a 10-year lease and renewal option advertised. A buyer can assess expanding hours against staffing costs and local demand.

The owner is retiring. Enquire to review the trading history, earnings and lease. Proof of funds is required.

Property Information

Real Estate:

Lease

Lease Terms:

A 10-year lease with a renewal option is advertised. Monthly rent is $9,000.

Leasehold Rent:

$108,000 per annum

Premises Details:

Approximately 2,400 square feet with 74 indoor seats, 24 patio seats and furnished, equipped restaurant and bar facilities.

Size in square feet:
2,400 sq ft

Business Operation

Expansion Potential:

Assess additional trading days or longer service hours beyond the existing limited dinner schedule

Reasons for selling:

Retirement.

Trading hours:

Dinner only, five hours per day and five days per week.

Employees:
12 well trained employees.
Years established:
58 Years.

Other Information

Support & training:

Support and training are available.

Listed by

Metropolitan Restaurant Brokerage