Two Successful #Eatertainment Venues/Concepts in One! THRoW Social® DC

Washington, DC
Asking Price:$3,465,000
Gross Revenue:$6,358,000
Rent:$76,000/Month
FF&E:$250,000
Cash Flow:$990,000
Inventory:$50,000
EBITDA:$990,000
Established Year:2020
BUSINESS DESCRIPTION

Fun Tropical Venue with Live Music, Cabanas, Rooftop Deck & Games! +

DELICIOUS FOOD & DRINKS IN AN AMAZING, TROPICAL VENUE. COCKTAILS, GAMES, CABANAS, MUSIC & BITES. PLUS, INCLUDED is our sister venue, KICK AXE THROWING, connected via elevator. Additional locations in Brooklyn and Philadelphia (both Kick Axe Venues), and Delray Beach, FL available.

Enjoy Live Music & Entertainment on our Stage, Shuffleboard, Corn Hole, VIP Cabanas, Light-Up Ping Pong, and a 20' wide Video Wall in a 22,000 sq ft venue. A favorite venue in DC for Private & Semi-Private Unique events and parties, including weddings & Bar/Bat Mitzvahs.

Full Liquor License included. Four Bars, one horseshoe in Kick Axe and two interior in THRoW Social® plus a rooftop bar. Stage, games, high ceilings with no column obstructions. Limitless possibilities if desired to convert to another Eatertainment Concept.

Very successful with excellent profits. Transition team can be involved for a time, if needed.
Please see attached SALES DECK below for the entire Ginger Brands portfolio for sale.
THRoW Social® trademarks can also be included to expand the brand.
www.throwsocial.com


ATTACHED DOCUMENTS
The Ginger Brands Sales Deck noMia 10.24 (1).pdf.pdf Download

DETAILED INFORMATION
Location
Washington, DC
Inventory
Included in asking price
Real Estate
Leased
Building SF
22,000
Lease Expiration
01/01/2034
Employees
62
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Facilities are brand new as of 2020; all FF&E included. New projector target system with various games like Battleship and Tic-Tac-Toe, plus NERF archery and shooting.
Growth & Expansion
With the trademarks for both Kick Axe Throwing® and Throw Social®, limitless expansion opportunities are available.
Support & Training
Transition support available as well as the potential to pay our group an admin fee to continue handling marketing & payroll, if needed.
Reason for Selling
To focus on creating new brands.

BUSINESS LOCATION
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Ginger Flesher
Ginger Flesher