SBA Approved NW DC Corner Restaurant NETS $219,000

Business Overview:

We are offering a rare opportunity to acquire a well-established, highly popular full-service restaurant in the heart of most vibrant DC Business Districts. This turnkey establishment, which has been thriving for over a decade, consistently generates impressive sales, exceeding a million dollars annually.

Key Financial Highlights:

2023 Annual Sales: $1,000,000 (approx.)
SDE: $219,000 (approx.)
Location: Strategically situated in the bustling NW DC commercial and busy street, guaranteeing prime foot traffic and visibility.
Fully Equipped: Ready for immediate operation with all necessary equipment and fixtures included.
Versatile Concept: Perfect for introducing a fresh concept or continuing the current successful one, subject to landlord approval.
High Foot Traffic: Located on a prime street, ensuring a steady flow of customers.
Seller's financing: Available for the right buyers.

This beloved dining destination has become a staple in the downtown DC community, attracting a loyal customer base and new patrons alike. Whether you’re an experienced restaurateur looking to expand your portfolio or an entrepreneur ready to launch a new venture, this property provides a solid foundation for success.

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Property Features and Assets:

Monthly Rent: $7,900.00

Square Units (Foot, Meter): 2,500

Lease Expiration Date: July 22, 2030, 9:00:00 PM

Terms Options: NNN

FF&E Overview: Excellent.

FF&E General Condition: State of the art and well maintained FF & E good to go for next 10 years.

Since inception in 1991, the business has been growing steadily thanks to the leadership of the founder chef owner as well as hard work of his long time team of professionals.

Patrons have been extremely happy with the vast food varieties and excellent services offered by the staff abd management team.

A well-established and reputed business with landmark property in service for over 33 years and being owned and run by the original founder chef owner.

Market Competition and Expansion:

Since inception in 1991, the business has been growing steadily thanks to the leadership of the founder chef owner as well as hard work of his long time team of professionals.

Patrons have been extremely happy with the vast food varieties and excellent services offered by the staff abd management team.

A well-established and reputed business with landmark property in service for over 33 years and being owned and run by the original founder chef owner.

Low as they have established their niche. The top Hollywood celebrities, US and global leaders/politicians and businessmen love to come and dine in at the prestigious place and this business has managable risk.

Significant opportunities for growth through enhanced digital marketing strategies, delivery services, and hosting private events.

Additionally:
Third-party delivery services have not been fully utilized so there is a huge potential of growing that side of business to meet the evolving needs of the market.
-Concept can be expanded with new location in DMV area and nationwide
-Can be a franchise to grow in USA and internationally
-Additional catering and private events supplies, including marriage parties.
-Digital marketing campaigns will further augment growth

Reason for Selling:

Additional Details:

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