Retail - Other Eating & Drinking Places | Retail - Bars/Taverns

Asking Price	$850,000	Inventory	$5000**
Gross Income	250000	Real Estate
Cash Flow	$1	Year Established	1964
FF&E	$50,000*	Employees	8

* included in the asking price

** not included in the asking price

Located in upper Georgetown, on a major high traffic street, this well established night club/sports bar has a good local clientle and has live music Wednesday through Saturday. It has both a tavern and a hard to come by public hall license and has been a local favorite for 40 years. It’s the longest running bar with live music in the DC metropolitan area, best known for hosting a variety of local and nationally known music bands. Vertical Horizon, Hootie and the Blowfish, Lost Trailers, and thousands of others have played there. It hosts 3-5 bands Wednesday - Saturday night and has a capacity for 150 people and has a quality stage and sound system. They host everything from acoustic and live bands to spoken poetry. It has a friendly atmosphere, great music, and stacked bar with 12 microbrews on tap.

Facilities: Located in 3000 sf of street level space. The lease will be $10,000 per month for the buyer who can expect a 5 year initial term with (2) 5 year options. Has a ABC license for entertainment, restaurant and cover charge

Competition: Very little competition in the area.

Growth/Expansion: Could add food service and extend hours of operation to include lunch and diner.

Financing: Some to a qualified buyer

Support/Training: Two weeks on site and two weeks on call

Reason Selling: Leaving the area