(Turnkey)Profitable Upscale Bar/Speakeasy /Lounge w/ CT Tavern License
Washington, DC
| Asking Price: | $245,000 |
| Rent: | $5,300/Month |
| Established Year: | 2021 |
| Inventory: | $20,000 |
| FF&E: | $100,000 |
Listing ID: 2287424Listing provided by BizBuySell
BUSINESS DESCRIPTION
-Upscale speakeasy/lounge intimate venue with 200+ bottles. ($370k Build Out, no expense spared)
-TAVERN CT LICENSE as running business.
-Live Music Venue
-20 TV's, 12 speakers, brand new furniture.
-Only open 25 hours per week currently. 9pm to late (5days)
-Expand day time hours & open 7 days week!
-Steady private venue rental income!
-Long term lease available & negotiable.
DETAILED INFORMATION
Location
Washington, DC
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,100
Employees
4
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
-20 tv's, 12 speakers, Mixer, 22 output HDMII MATRIX
-Tobin Ellis top of line cocktail station with matching pull out fridge($9k) , Undercounter Freezer, under counter Ice maker, 84 inch bar cooler. high temp glass rinser, 20ft illuminated back bar( All Appliances less than 3 years old)
-Custom DJ Booth & LED lighting ($3k)
-Custom MP5 modern hookahs
-Custom wood engrained menus
-Ripples image drink printer $$
-Tavern CT license. RENEWED 3 YEARS. (Hard to acquire new licenses)
-Modern hookahs and accessories
-Event Rental Account + IG Account + Website
Competition
Were the most upscale lounge on the U st / 9th st Corridor.
Plethora of night life/walking traffic.
Growth & Expansion
-We currently do not offer food, small bite options can increase business substantially
-Expand operations to 7 days/wk. Extend to day time hours.
-Switch from speakeasy to visible outside signage.
-Book more private parties/ live music events/ or bring your own promoters
Financing
financing available with 50% down
Support & Training
2 weeks training and support
Reason for Selling
Familial obligations
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