200 Plus Guests True Classic Restaurant, Bar & Party Hall in DC
| Asking Price: | $610,000 |
| Gross Revenue: | $1,447,000 |
| Rent: | $15,500/Month |
| FF&E: | $201,005 |
| Cash Flow: | $314,000 |
| Inventory: | $15,000 |
| EBITDA: | $233,050 |
| Established Year: | 2017 |
Top Notch High Visibility Downtown DC Location
Looking for a lucrative, highly sought-after and super busy restaurant and bar business opportunity with full liquor license? Look no further than our American, Continental and European Restaurant with Bar/Beer Hall! This 3550 square foot space is huge for DC Downtown with high visibility area backed by great number of offices having high paying super white color employees (including IMF, The World Bank, International Finance Corporation), tourists attractions such as The White House, George Washington and other Universities, residential buildings all around, main street frontage and fully staffed to ensure smooth operations. Ample street parking and garages in walking distance. The restaurant and bar seats 120 patrons and the patio area that can house another 40 patrons. Fantastic business opportunity that has a great growth potential for the future due to the love and affection of the patrons who come in large groups to enjoy the perfect food and ambiance. With an established and popular concept that's easy to run, you'll be able to hit the ground running and turn a profit from day one. And with 10 years left on the lease and below market rent $ 15,500/- (incl. monthly water bill), you can enjoy a stable and predictable cash flow for years to come.
What's more, business is fully systematized, meaning you can easily duplicate their success and expand your profits even further. Low COGS and other key metrics ensure that you'll keep more of your earnings and maximize your return on investment. With a strong reputation and loyal customer base, this restaurant & bar is the perfect opportunity for any aspiring restaurateur or seasoned investor looking to make a smart investment.
Don't miss out on this amazing opportunity to own a thriving and lucrative business. Do not underestimate the head start existing owner's successful experience can give you. Contact us today to learn more and take advantage of this exciting opportunity!
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Proof of funds needed.
All financials to be verified by the owner.
