Deli in the heart of Downtown DC

Washington, DC (District of Columbia County)

Deli in the heart of Downtown DC
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Asking Price: $98,000

Cash Flow: $78,000

Gross Revenue: $597,000

EBITDA: N/A

FF&E: $130,000

Inventory: N/A

Rent: $7,700 /Month

Established: 2016

Deli in the heart of Downtown DC

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Business Description

Turn-key Deli/Café in a beautiful modern setting with indoor (30) and outdoor (20) seating. Located in the most sought-after location in Downtown DC busy business district. Great lease terms @ below market rent (7 years remaining with 1 Five year option). Busy walk-in traffic plus repeat Corporate catering services. Currently serving lunch and breakfast M-F only. Can add, modify menus and extend hours. Original cost of build out was close to $250K. Fully furnished with state of the art POS equipment and services already paid through 5/31/2020. Priced to sell including all F&E. Great opportunity for owner operator as there are tremendous opportunities to grow.

Detailed Information

Location:
Washington, DC
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,020
Lease Expiration:
1/1/2026
Employees:
5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Growth & Expansion:
Can add dinner menu to open longer hours and weekend. Tons of opportunity to expand in Corporate catering service.
Reason for Selling:
Seller not able to manage in person
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Business Listed By:
Hong Pham

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