SBA Approved Restaurant With Corner Property NETS

Business Overview:

Classiest Restaurant & Bar (A Class Liquor License) with TOP NOTCH NW DC Corner Property for Sale (Inventory is for $ 150,000.00, approximately and not included in the sale price).

5 Star Washington DC restaurant. The celebrity chef seller is over 80 years old and has just decided the sale of his GOLD MINE business. The business is strong, highly profitable with seller discretionary earnings of $1,049,000! FOR SALE WITH PROPERTY. Incredible multi-million-dollar build-out. Well over 4,200 square feet with 220 inside seats - OPEN ONLY 5 DAYS. Outdoor patio seating for over 40. This STATE-OF-THE-ART Restaurant is SO BUSY - they always have a line out the door, even with seating for over 200 guests. They have a full liquor license and a full service nice huge bar,area, this place truly has it ALL FOR THE RIGHT BUYERS PLANNING TO EXPAND THEIR BUSINESS AT A TOP NOTCH CORNER NW DC LOCATION.

BUSINESS HIGHLIGHTS
Est: 1999
Location: High Visibility Corner on Heavyily Busy Street
Yearly Revenue and Profit Trends: Steadily Growing
Store size 4,195 square footage (per sq footage rental value $ 79/- in August 2024)
Business is valued at $ 2,05,000.00.
Property value at $5,600,000.00
Goodwill Value: $ 1,000.000.00

Total Value: $ 8,650,000.00

2023 Sales: $3,368,435.00
SDE: $ 1,064,226.00

YTD 2024 Sales Performance and net SDE trends
Business is growing around 16 % yoy, achieving sales of $ 2,604,586.00 till August 31st, 2024 while profit is remaining relatively intact with preceding years. As per the management, they are hoping to close the year at $ 4,000,000.00 with net SDE remaining to be excellent.

THE UNMATCHED TRANSWORLD VALUE
This DC-based company for sale with property is proudly 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 middle market business owners and buyers with transaction expertise.

A SIGNED CONFIDENTIALITY AGREEMENT & PROOF OF FUNDS IS REQUIRED FOR THE EXACT LOCATION.

Business Owners: We represent prequalified buyers/clients that are very interested in buying all types of businesses and leading restaurants and bars. If you have any interest in selling your business at this time or in the near future, please contact me atAchaudhary@tworld.com. Our buyers are already qualified and willing to invest their time and money in a business like yours. All communications are kept STRICTLY CONFIDENTIAL.

FOR INTERESTED SERIOUS PARTIES PLEASE CALL AAMER CHAUDHARY (CEO TRANSWORLD, DOWNTOWN DC) AT CELL 202 509 3739 or (703) 457-0362.​

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Property Features and Assets:

Facilities: State of the art and good to go for 10 years

FF&E Overview: Ultra high end handmade maroon and most exclusive and expensive chandeliers imported from Venice, Italy totaling 3 and each valuing around $ 500 k each. Other highly valuable interior includes fantastic handcrafted designs, fixtures, fitting and luxurious buildout/fitouts all over the business to create an experience for the customers. FF & Es alone are worth over $ 2.1 mm with conservative estimates. These values add a lot for the success of the business on daily basis.

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

Since inception in 2000, the business has been growing steadily thanks to the leadership of the founder chef owner and 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 25 years and being owned and run by the original founder chef owner.

Market Competition and Expansion:

-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

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.

Reason for Selling:

Additional Details:

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