Restaurant for sale in prime DC location (Priced to sell!)

Washington, DC (District of Columbia County)

Restaurant for sale in prime DC location (Priced to sell!)

Asking Price:$250,000

Cash Flow:$150,000

Gross Revenue:$750,000

EBITDA:N/A

FF&E:N/A

Inventory:$5,000*

Lease Rate/Sq. Ft.:$21

Established:2010

*not included in asking price.

Restaurant for sale in prime DC location (Priced to sell!)

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Business Description

Priced to sell! Great space in ideal location.

Bon Apetit recently named Washington, DC as the restaurant city of the year, and diners are flocking to the city whose culinary bona fides are growing stronger every day. That's why there's no better time to establish a successful eatery in the heart of our nation's capital. If you're thinking of joining the ranks of some of our city's finest new spots, this is the perfect opportunity for you.

This quaint, neighborhood restaurant/bar is in one of DC's most coveted locales that attracts both residents and out-of-towners. There is plenty of foot traffic that passes by the spacious wrap-around patio that includes a state-of-the-art covered awning for shade and protection from the occasional rainy downpour. It is perfect for the budding restauranteur who wants to personalize a cozy, charming space. No build-out required beyond your aesthetic preferences.

The space is roughly 2400 sq.ft. inside, with an additional of 800 sq.ft. outdoor space. Current rent is $3900.00/month not including property taxes which average $6500/year. Total seating capacity is 90. Contact me for more info.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
2,400
Lease Expiration:
8/3/2026
Employees:
23
Facilities:
11 years left on the lease + 5 year option
Competition:
Prime location in one of DC's most popular neighborhoods. Corner spot. Great walking traffic.
Financing:
15% seller financing for 2 years at 6% yearly interest
Support & Training:
2 weeks on site.
Reason for Selling:
Relocating and focusing on other businesses

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Business Listed By:
Tony Peskara

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