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Restaurant Bar Conn Ave

Washington, District of Columbia (District of Columbia County)

Retail - Restaurants | Retail - Bars/Taverns

$Seller Financing Available

Asking Price $300,000 Inventory $3,000-5,000** 
Gross Income $590,000 Real Estate  
Cash Flow $1 Year Established 1938
FF&E $100,000* Employees 14

* included in the asking price

** not included in the asking price

Great location on Connecticut Avenue. Has been in operation since 1938.

Facilities: Recently renovated restaurant/bar has 1550 sf with a lease expiring in 2012 currently at $5,700 p/mo. Seating for 75 inside.

Competition: No nearby competition.

Growth/Expansion: Could open for breakfast.

Seller Financing Available: Yes

Financing: Seller will provide financing to a qualified buyer for half of the purchase pric

Support/Training: Seller will provide training/support to the buyer for 2 weeks on site and two weeks on call.

Reason Selling: Pursue other interests

Business For Sale By

Richard Goodfellow

202-862-4351

General Business Brokers

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