Price Reduced! Tavern License Included

Washington, DC
listing image
Asking Price:$200,000
Gross Revenue:$750,000
FF&E:$80,000
Cash Flow:$120,000
Inventory:$10,000
Established Year:2022
BUSINESS DESCRIPTION

Motivated Seller for vibrant Restaurant Opportunity in Historic Northwest Washington, DC
An exciting opportunity awaits in the heart of Mount Pleasant, one of Washington DC's most charming and dynamic neighborhoods. This restaurant, located on a bustling retail strip, is surrounded by some of the area's most popular eateries and vibrant street culture, offering a unique blend of local charm and international flavor.

The restaurant spans three levels, with spacious dining areas on the top two floors and ample storage, including room for an industrial-grade refrigerator, on the lower level. The kitchen is fully equipped with a 10-foot hood and gas range, ready for any culinary endeavor.

Included with the property are highly coveted 7-day Tavern and Entertainment Licenses, giving new ownership the flexibility to serve drinks and host events any day of the week, enhancing the restaurant’s potential to become a neighborhood staple.
Mount Pleasant is known for its historic character, leafy streets, and a tight-knit community that blends a small-town atmosphere with the vibrancy of urban living. The surrounding residential areas are dense with potential customers, making this a prime location for a restaurant operation.

This is a turnkey opportunity for a restaurateur looking to step into a thriving community and elevate an already popular establishment. Don’t miss this chance to make your mark in one of DC’s most beloved neighborhoods.


DETAILED INFORMATION
Location
Washington, DC
Inventory
Included in asking price
Employees
6
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Full Service Bar and Restaurant. 10 ft hood with fryers, oven and grill top. Two Floors with large basement. Separate entrances to allow Bar Lounge on 2nd floor and dinning on the main floor. Large outdoor patio.
Competition
This restaurant is situated in the heart of Mount Pleasant and a stone's throw away from Columbia Heights and Adams Morgan. With its strong established community and vibrant food and bar scene, this area is busy 7 days a week for lunch, dinner, and nightlife. With traditional and contemporary items along with it 7 day Tavern and Entertainment licenses the possibilities are endless.
Growth & Expansion
There is substantial room for growth for an operator who has experience in running a restaurant lounge and can maximize the value of the Tavern and Entertainment Licenses .
Support & Training
2 weeks training.
Reason for Selling
Owner is pursuing other business opportunities.
Report an Issue with this listing
profile-img
Matthew
Gorman
logo-img
Matthew Gorman