Restaurant/ Bar Capitol Hill DC

Washington, DC
listing image
Asking Price:$149,999
Gross Revenue:$750,000
BUSINESS DESCRIPTION

The restaurant/ bar on Capitol Hill SE is on a busy block and has good foot traffic. Purchaser can keep the same concept-menu or easily change to own preference if desired. The CR liquor license has entertainment endorsement .


DETAILED INFORMATION
Location
Washington, DC
Inventory
Not Included in asking price
Facilities
The bar/restaurant has 60 seats including about 15 stools at the bar and outdoor patio for 16. Lease has 7 years left ( Landlord willing to negotiate new rent ) with 2 five year options to renew. Sale is contingent on satisfaction with new negotiated rent between Purchaser and Landlord. Price just reduced, make offer , call George or Charlie 202 466-2200.
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George Petros
Papadopoulos Properties, Inc.
George Petros