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Popular Pasta & Wine Bar in DC

Washington, District of Columbia, United States
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Asking Price$79,000
Revenue$386,400 Established2015
Cash Flow$58,000 Employees7 full, 6 part
FF&E$100,000* FranchiseNo
Inventory$1,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Great opportunity to own a cozy pasta and wine bar in trendy Adams Morgan with patio seating on a high traffic corner. The restaurant has been established since 2015 and has a modern and upscale interior in a bustling part of the city. A new owner may continue building on the successful reputation of the existing restaurant or convert it to new concept! This is a MUST SEE opportunity and won't last long at this price!
Facilities:1100 sq ft cafe with outdoor seating that's newly remodeled with brand new: kitchen, furniture, fixtures and equipment. Rent includes electric, water, trash, tax etc. = $8500 total.
Competition:Standard competition for the industry and market.
Growth Potential:The restaurant is well known in the area with an excellent reputation and well positioned for continued growth and expansion. However, a new owner has the option to convert to a new concept.
Training/Support:Seller will provide necessary training and support.
Sale Reason:Owner is retiring.
Ad #99876
Seller Reference #HZ328AH
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Contact This Seller
Alan Horn
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