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Restaurant/bar CBD

Washington, District of Columbia (District of Columbia County)

Retail - Restaurants | Retail - Bars/Taverns

Asking Price $350,000 Inventory $5,000** 
Gross Income $500,000 Real Estate  
Cash Flow $58,500 Year Established 21
FF&E $100,000* Employees 4

* included in the asking price

** not included in the asking price

This well established business is located in the heart of the central business district 4 blocks from the White House on a heavely traveled street. There are six hotels in the immediate area, office and high rise residential buildings provides heavy foot traffic. Restaurant operates 5 1/2 days a week 8am - 8 pm and a half day Saturday. The bar operates seven days a week from 11 am to 2 am and on Saturday to 3 am. The business is permited for 140 customers.

Facilities: 3000 Sf $10,000 p/mo lease expiring in 12/2013. Three floors with basement. Seperate enterance for restaurant and bar. Has three bars on 1st, 2nd and 3rd floors

Competition: Some competition.

Growth/Expansion: Add delivery for carryout items

Financing: Some to a qualified buyer

Support/Training: Will provide 2 weeks on site and two weeks on call

Reason Selling: Retiring

AD # 220238

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