Please ensure Javascript is enabled for purposes of website accessibility Multi-Story Live Music and Entertainment Venue | Transworld Business Advisors Chevy Chase UA-80155746-1

Multi-Story Live Music and Entertainment Venue

Listing Number: 77441-365939

Description

Well established multi-story bar with tavern license and entertainment endorsement (including dancing and cover charge). Great for live music, DJs, private events, comedy shows and whatever else you want to book in this versatile space with close to 10,000 total square feet including outdoor area.

Great place to book talent for up to about 500 person shows. Multiple bars, private rooms, TV screens, DJ booths, sound equipment, etc.

Long term lease in place. Over 10 years of operating history. Surrounded by many other Washington DC bars, restaurants, entertainment venues. New residential buildings coming online nearby.

If you are a talent booking professional, a musician or DJ and you like the event planning and promotion business, this is a fantastic opportunity to take over a well established venue and give it your own flavor.

There is a kitchen on premises but this is not the focus of the business and no food sales are required (Class CT "Tavern" license).

Make your offer before it's gone - there is already serious interest from big players in the industry.

Listing Details

  • Price: $ 499,000
  • Down Payment: $499,000
  • Sellers Discretionary Earnings: $ 221,725
  • Total Sales: $ 2,236,784
  • Location: District of Columbia

  • Inventory: $ 25,000
  • FF&E: $ 900,301
  • Employees:
  • Year Established: 2006
  • Reason for Selling: other biz ventures
  • Category: Liquor Related Biz
Multi-Story Live Music and Entertainment Venue

Business Listed By:

Erik Woodworth, CFA (Principal)
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