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Businesses For Sale > Business For Sale in Downtown Washington,, District of Columbia (DC)
Restaurant / Pub blocks from the White House with Longevity, Excellent Reviews, and Loyal Customer B for sale in Downtown Washington,, DC
Downtown Washington,, District of Columbia (DC)
| Asking Price: |
Gross: |
Cash Flow: |
| $ 600,000 |
$ 1,004,003 |
$ 215,102 |
Inventory Value:
$ 40,000 (included in the asking price)
Business Summary:
Fantastic food and drinks keep this staple of downtown Washington, DC profitable and drawing a loyal crowd of local professionals, tourists, and college students (George Washington, Georgetown, American).It's the place where the owner knows your name ("Cheers" style) and creates an atmosphere where you want to spend your evening or afternoon relaxing and watching the game with friends.After decades serving the community, it's time to retire. . . seize this rare opportunity to own an established pub just blocks from the White House. For addition information, please contact Jonathan Ring at 202-681-6777 or [email protected]
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| Year
Business was Established: 1999 |
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| Number of Employees:
2FT/5PT |
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| Facilities / Terms of Lease:
This is a leased location of 3,185 square feet with a Total monthly rent of $19,893. Lease ends 01/2024 with one option. Seller is active with 2FT and 5PT employees along with 4 independent contractors. Hours of operation are 11am-12am Monday-Saturday. $40,000 in inventory included in the asking price. $900,000 made in leasehold improvements. Other Assets include a fantastic reputation, longevity (25 years), loyal and experienced staff. Liquor License (transferrable); Business License; Occupancy License required. |
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| Owner
willing to train:
3 months |
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| Reason for selling:
Retirement |
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Seller Reference Number: 251-22314
BusinessMart.com Listing Number: 298000 |
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To request more information
on this business
please fill out the form shown right 
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For
more info contact:
Jonathan Ring
First Choice Business Brokers
202-681-6777
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