Please ensure Javascript is enabled for purposes of website accessibility Owner Absentee Restaurant, Bar & Lounge at Vibrant DC Location!! | Transworld Business Advisors DC Downtown UA-196635527-1

Owner Absentee Restaurant, Bar & Lounge at Vibrant DC Location!!

Listing Number: 090122-311644

Description

Seamless High-Level Sophistication | $,840,000 sales and growing: Turnkey Operation for Washington DC's Premier Restaurant, Bar & Lounges with ABRA’S Class B Liquor License!!!!!!!!!

Imagine being the proud new owner of one of Washington DC’s premier Restaurant, Bar & Lounges Booming business with sales increasing every year – well, your search ends here!

Sales continue to grow every month. An owner operator can have the potential to easily take home $120,000 to $160,000 annually.

This business is a great opportunity for both an owner operator and an absentee owner. The two managers’ salaries are a total of $88,000 per year.

Presenting a state-of-the-art turnkey restaurant, lounge and bar, ready for you to take the reins and bring your vision to life. Full kitchen with full size excellent condition range of cooking equipment. The kitchen has a 20 foot hood fully loaded kitchen with walk in cooler and walk in freezer. This place is busy with a full liquor bar. Seats 60 inside and 20 seats in outside. Loaded with TV's everywhere.

This Classic DC Location-based company for sale is offered by Transworld Business Advisors, the number one business brokerage in the world. With local presence AND global marketing reach, Transworld Business Advisors provides main-street and lower-middle-market business owners and buyers with transaction expertise.

Must see to appreciate. Anyone interested must sign a confidentiality agreement with proof of funds before releasing any information. Please inquire for more details and learn how you can buy a business for as little as 10-20% down on prequalified SBA Loan listings or how to use creative financing options, including the easy sellers financing to get a deal done!

Also, you may get added to our buyers list today to receive notifications as businesses with your criteria hit the market! For more information on this business for sale contact Aamer Chaudhary at 202-509-3739 or 703-457-0362.


Listing Details

  • Price: $ 250,000
  • Down Payment: $50,000
  • Sellers Discretionary Earnings: $ 78,500
  • Total Sales: $ 840,000
  • Location: District of Columbia

  • Inventory: $ 10,000
  • FF&E: $ 150,000
  • Employees: 9
  • Year Established: 2014
  • Reason for Selling: Diversifying with other business interests
  • Category: Restaurants
Owner Absentee Restaurant, Bar & Lounge at Vibrant DC Location!!

Business Listed By:

Aamer Chaudhary
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