Food & BeverageVerified Seller
Established Neighborhood Tavern in NW Washington, DC - $229K - Prime Location & Loyal Clientele
Washington, District of Columbia
Asking Price$229,000
Annual Revenue$762,526
EBITDA / Cash FlowUpon Request
Executive Overview
Discover an exceptional opportunity to own a charming neighborhood tavern and restaurant in the vibrant area of Northwest Washington, D.C. With an attractive asking price of $229,000, this well-established business offers a perfect setting for a hands-on owner-operator eager to build on its success and loyal local following.
Key Investment Highlights
- •Turnkey Operation – Step in and start running immediately
- •High-Visibility Location in a thriving neighborhood
- •Tavern License Included – Great potential for bar sales growth
- •Affordable Rent & Favorable Lease Terms
- •Versatile Concept with Broad Appeal
Established in 2007, this full-service restaurant and bar operates from a spacious 2,000 sq. ft. venue, accommodating up to 120 patrons. The location benefits from affordable rent of just $7,725 per month, with a lease that includes a 3-year term plus a 5-year option. The included Tavern License enhances the business's potential for robust bar sales and creates multiple revenue streams.
Currently supported by a dedicated team of 11 employees, this operation presents an ideal opportunity for an experienced owner looking to drive profitability. The high-visibility location within a thriving neighborhood provides a solid foundation for growth, with multiple avenues for expanding the business's customer base and revenue potential.