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Prime Opportunity In Dupont Circle For Sale

Washington, DC, District of Columbia, US
Asking Price:
$1,100,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,700,000
Cash Flow:
$100K - $250K

Iconic Thriving Sports Bar & Restaurant in Dupont Circle with $1.7M Revenue and Room for Growth – Perfect for the Right Owner to Elevate to the Next Level with Massive Growth Potential!

Currently operated on a limited schedule, this venue has untapped potential for the right visionary to build and capitalize on a flagship brand in one of DC’s most dynamic neighborhoods Dupont Circle.

Financial Snapshot:

2023 Revenue: $1.7M


Current Operations:

Limited hours, open Thursday, Friday, and Saturday nights for nightlife.
Growth Opportunities:

- Launch weekend brunch service
- Expand to feature all major sports events
- Add a dedicated happy hour service to attract more weekday traffic
- Host private and public events for additional revenue streams
- Open on additional days to capture more foot traffic
- Introduce takeout and delivery options

With the right owner, this business could achieve over $3M in revenue, with significant profit potential. Seize the chance to create an iconic destination in Dupont Circle!

Property Information

Real Estate:

Lease

Lease Terms:

Base rent: $7,400 per month with 3% escalation every year
Additional rent: 3% of Net sales (after Tips, Sales Tax, and other applicable)
Property Tax: $2,200 per month
Insurance: $1,300 per month
BID Tax: $720 yearly

Lease Rent:
$33 per sq ft per annum
Living Accommodation:

There is a makeshift room for owners

Location:

Dupont Circle (NW DC)

Premises Details:

A historic building with 5,000 square foot space with high ceilings with a mezzanine, designed perfectly for a sports bar & restaurant, and nightlife venue.

Size in square feet:
5,300
Planning Consent:

N/A

Business Operation

Expansion Potential:

Launch other streams to create 3X potential as below,
1. Brunch
2. Lunch
3. Happy hour
4. Themed nights
5. Takeout/Delivery
6. Events

Competition / Market:

Requires committed owner to own and operate

Reasons for selling:

Change in Operating Partner priorities due to personal/family/health reasons.

Trading hours:

Operating on a limited basis between Thur - Sat (8 pm - 1 am) & Gameday special hours

Employees:
15
Years established:
1960

Other Information

Support & training:

Up to 4 months

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

subject to credit worthiness and other criteria

Furniture / Fixtures value:
$380,000 - included in the asking price
Inventory / Stock value:
$55,000 - included in the asking price