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Profitable Restaurant Pub Blocks From The White House In Washington, DC For Sale

Washington, DC, District of Columbia, US
Asking Price:
$600,000 Inventory / Stock included
Sales Revenue:
$1,004,003
Cash Flow:
$215,102

Fantastic food and drinks keep this staple of downtown Washington, DC profitable and drawing a loyal crowd of local professionals, tourists, and college students (George Washington, Georgetown, American).

It's the place where the owner knows your name ("Cheers" style) and creates an atmosphere where you want to spend your evening or afternoon relaxing and watching the game with friends.

After decades serving the community, it's time to retire. . . seize this rare opportunity to own an established pub just blocks from the White House. For additional information, please contact Jonathan Ring.

Property Information

Real Estate:

Lease

Lease Terms:

Total monthly rent of $19,893

Premises Details:

This is a leased location of 3,185 square feet with a Total monthly rent of $19,893. Lease ends 01/2024 with one option. Seller is active with 2FT and 5PT employees along with 4 independent contractors. Hours of operation are 11am-12am Monday-Saturday. $40,000 in inventory included in the asking price. $900,000 made in leasehold improvements. Other Assets include a fantastic reputation, longevity (25 years), loyal and experienced staff. Liquor License (transferrable); Business License; Occupancy License required.

Size in square feet:
3,185

Business Operation

Reasons for selling:

Retirement

Trading hours:

11am-12am Monday-Saturday

Employees:
2FT / 5PT
Years established:
24

Other Information

Support & training:

3 months

Inventory / Stock value:
$40,000 - included in the asking price