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  • RE:  Absentee, Fantastic Restaurant & Bar Lounge In NW
  • Contact:  Aamer Chaudhary
Owner Financing is Available!
Owner Financing Amount $120,000.00 Owner Financing Interest 7% Owner Financing Terms Months 48 Owner Financing Monthly Payment $2,895.00

Quick Facts

Asking Price: $130,000
Annual Revenue: $840,000
Net Profit: Not Disclosed
Cash Flow: $76,500
Total Debt: Not Disclosed
FF&E: $150,000
Real Estate: Not Disclosed
Year Established: 2014
Employees: 9
BBN Listing #: 943137
Broker Reference #: 090122-311644

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Business Overview:

Seamless High-Level Sophistication | $,840,000 sales and growing: Turnkey Operation for Washington DC's Premier Restaurant, Bar & Lounges with ABRA’S Class B Liquor License!!!!!!!!!

Imagine being the proud new owner of one of Washington DC’s premier Restaurant, Bar & Lounges Booming business with sales increasing every year – well, your search ends here!

Sales continue to grow every month. An owner operator can have the potential to easily take home $120,000 to $160,000 annually. Low rent of $ 7,100.00.

Presenting a state-of-the-art turnkey restaurant, lounge and bar, ready for you to take the reins and bring your vision to life. Full kitchen with full size excellent condition range of cooking equipment. The kitchen has a 20 foot hood fully loaded kitchen with walk in cooler and walk in freezer. This place is busy with a full liquor bar. Seats 60 inside and 20 seats in outside. Loaded with TV's everywhere.

This Classic DC Location-based company for sale is offered by Transworld Business Advisors, the number one business brokerage in the world. With local presence AND global marketing reach, Transworld Business Advisors provides main-street and lower-middle-market business owners and buyers with transaction expertise.

Must see to appreciate. Anyone interested must sign a confidentiality agreement with proof of funds before releasing any information. Please inquire for more details and learn how you can buy a business for as little as 10-20% down on prequalified SBA Loan listings or how to use creative financing options, including the easy sellers financing to get a deal done!

Also, you may get added to our buyers list today to receive notifications as businesses with your criteria hit the market! For more information on this business for sale contact CEO/Principal M &A Advisor Aamer Chaudhary at 202-509-3739 /703-457-0362 orACHAUDHARY@TWORLD.COM.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

Since inception, the growth of the Restaurant, Bar & Lounge has been witnessed.

Business has been growing due to several key factors 1. Social media marketing (went viral 1 month into opening generating over 700,000 views and ever-growing followers 2. High quality crafted recipes 3. Everything is Instagrammable 4. Everything that is done for business success is out of the ordinary. Business has successfully hosted a series of events and festivals that broke records in the area.

Market Competition and Expansion:

Low because the business ensures unique appeal to all walks of life in terms of high-quality food and services offered, and overall satisfactory experience for their patrons.

With a reputation for excellence and a loyal following, the restaurant has been visited regularly by the clientsis, particularly popular during weekends and other major holidays.
Growth potential opportunities are: 1. Target office buildings and universities in the area 2. Focus on supplying to private events/catering opportunities 3. Add deliveries 4. Dedicate funds for digital marketing campaigns to tap greater population.
Growth potential opportunities are: 1. Target office buildings and universities in the area 2. Focus on supplying to private events/catering opportunities 3. Add deliveries 4. Dedicate funds for digital marketing campaigns to tap greater population.

Reason for Selling:

retirement

Additional Details:

  • The property is Leased.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

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