Premier Event Hall, Nightclub, & Lounge MRB DC 1487

Washington, DC
listing image
Asking Price:$900,000
Rent:$27,000/Month
Gross Revenue:$3,000,000
Established Year:2021
BUSINESS DESCRIPTION

For Sale: Premier Event Hall, Nightclub, & Lounge in Washington, D.C.

Looking to own a versatile, upscale venue in the heart of Washington, D.C.? This event hall, nightclub, and lounge is ideal for hosting holiday parties, corporate events, birthdays, concerts, and more! Here are the highlights:
• Ample Seating: Over 300 seats, providing plenty of space for large gatherings.
• Prime Location & Excellent Rent: Located in a bustling area with excellent visibility and access, with a highly competitive rent of $27,000/month.
• Long-Term Security: Benefit from a long 15-year lease for peace of mind.
• Strong Revenue: Currently absentee-owned and achieving $3 million in annual sales on average.
• Top-Tier Equipment: Features a state-of-the-art sound system and multiple TVs, perfect for lively events.
• Luxury Atmosphere: Outfitted with high-end furniture and fixtures, creating an inviting and stylish ambiance.

Offered at $900,000, this is an exceptional opportunity for an experienced operator or investor ready to tap into Washington, D.C.’s vibrant social scene and make an impact. Don’t miss out!


DETAILED INFORMATION
Location
Washington, DC
Inventory
Not Included in asking price
Real Estate
Leased
Employees
21
Facilities
Fully furnished & equipped with top of the line equipment.
Competition
Perfect venue for corporate parties, concerts, night club, birthday parties or any other large gatherings. High occupancy.
Growth & Expansion
Huge growth opportunity for a hands on owner to take this turn key business to the next level.
Reason for Selling
Focus on other businesses
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Sam Saa