995 Buyers Online Now
Buy Business Sell Business Business Brokers My Account
Photos Website Map
Asking Price$169,995
Revenue$1,384,386 Established2002
Cash Flow$196,922 Employees1 full, 3 part
FF&E$50,000* FranchiseNo
Inventory$5,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Great opportunity to purchase a successful Restaurant/Bar in the high traffic retail and entertainment area of Adams Morgan. The business has been under the same ownership for nearly 15 years with a strong history of cash flow and a very loyal clientele base. The business has a liquor license with entertainment endorsement. With the Restaurant/Bar located on a high traffic street corner there is a large outdoor seating area which is hard to find and highly desirable among customers and buyers alike. This is a very low risk-high reward opportunity with the current concept or your own if you wish to convert at a time tested location. This is a great opportunity for a restaurateur or for someone looking for a fun business. With Restaurant/Bar and Retail space in demand in this highly sought after area we don’t expect this opportunity to last long.
Facilities:The restaurant is located on a very busy street corner with great visibility in the highly sought after entertainment zone of Adams Morgan. The building one story of street retail/restaurant with a basement features approximately 1,522± square feet inside with a very large outdoor seating area. The 1,522± building includes approximately 942± square feet of first floor restaurant space and approximately 580± square feet of office and storage space.
Competition:Standard competition for the Adams Morgan/Washington DC restaurant and entertainment industry.
Growth Potential:The business can easily be grown and expanded with a new active owner adding new menu items and offerings catering to the local community.
Training/Support:Seller will offer necessary training and support.
Seller Financing:Not available.
Sale Reason:Pursuing other business interests.
Ad #86810
Seller Reference #HZ261AH
The information in this ad has been provided by the business seller or representative stated on this ad. BuyBusiness.com has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness. Please read our Terms of Service before responding to any ad on our website.
This seller cannot be contacted because this ad is not active.