Navy Yard Bar/Restaurant block and a half from Nats Stadium

North East

Navy Yard Bar/Restaurant block and a half from Nats Stadium

Asking Price:$390,000

Cash Flow:N/A

Gross Revenue:$1,300,000

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Established:2010

Navy Yard Bar/Restaurant block and a half from Nats Stadium

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Business Description

One and a half blocks from Nationals Stadium. Absolute turn key

Profitable, well established, turn key operation in Navy Yard available for sale. Successful track record of success for over six years in the Navy Yard. Great, simple food menu. Loyal hard working staff. Great and lengthy lease. Established clientele. Already a successful business, but tons of room to grow with the constantly emerging Navy Yard community.

Just one block from the Navy Yard Metro. New apartment and condo buildings popping up right and left, bringing in tons of new young customers. Just a few blocks from the approved site for the DC United Soccer Stadium.

Only reason owner is leaving is for family reasons, and has to move back to where he grew up.

Detailed Information

Inventory:
Included in asking price
Employees:
23
Facilities:
Comes with large below ground storage area, and two parking spots. Parking spots can be rented out for good money during Nationals baseball games. New HVAC system. Kitchen in great condition, and much of the equipment has been replaced within the last year.
Competition:
Navy Yard is the hottest neighborhood in DC, and will be the most densely populated neighborhood in the city within a couple of years. Huge opportunity to get in early. Captivating market of young professionals, Nats fans, and military and government workers. The property is located in a condominium building, and is surrounded by new apartment buildings. Just one block from the Navy Yard metro, and a block and a half from the baseball stadium. Established and loyal clientele.
Growth & Expansion:
The neighborhood is expanding very rapidly. Three new apartment buildings and a whole foods are currently scheduled to deliver within the year.
Support & Training:
Owner willing to help with transition, and give whatever support is needed. It is very important to the owner that new owner succeeds.
Reason for Selling:
Want to move back to where I am from for family reasons

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Business Listed By:
justin ross

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