NW DC Restarant/Bar with fantastic rooftop deck

Asking Price$550,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$1,235,000

InventoryNot Disclosed

FF&ENot Disclosed

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NW DC Restarant/Bar with fantastic rooftop deck


Asking Price$550,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$1,235,000

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
Business Overview
Establishment: Restaurant and Bar, a trendy and popular dining and drinking hotspot.
Location: NW, Washington, D.C. 20001, in the heart of the vibrant Shaw neighborhood.
Capacity: Seats up to 125 guests, catering to both intimate gatherings and larger social events.
Cuisine: Features a diverse menu with a focus on high-quality ingredients and innovative dishes.
Liquor License: Tavern C
Atmosphere: Renowned for its chic, welcoming environment with stylish hardwood and brick finishes, offering plenty of natural sunlight.
Key Features
Event Flexibility: Multi-level venue perfect for private parties and social gatherings, with separate areas including a main floor, second floor, and a rooftop bar.
Property Highlight: Alluring rooftop deck featuring bar and entertainment with beautiful views of the city.
Services: Offers dine-in, takeout, and private event hosting services.
Customer Favorites: Highlights include craft beers on tap, a diverse and delectable menu, and a state-of-the-art sound system.
Community Engagement: Active participation in local events fosters strong community ties.
Culinary Reputation: Known for its exceptional menu and high-quality beverages.
Exceptional Amenities
Bar Service: Three fully stocked bars across different levels, each featuring six beers on tap.
Modern Facilities: Equipped with a cutting-edge Toast POS system, advanced lighting, and security systems.
Customer Comfort: Designed for a comfortable and enjoyable dining experience, with great lighting, abundant natural light, and a beautifully designed interior.
Entertainment: Rooftop bar features TVs, making it a prime spot for socializing and enjoying the city views.
Kitchen
High-Volume Capabilities: Kitchen is equipped with a 12-foot grease hood, 10-burner stove, large 2-door freezer, walk-in fridge, ice machine, and a 3-compartment sink, ensuring efficiency and quality in food preparation.
Ventilation System: Advanced ventilation system ensures a safe and compliant cooking environment.
Refrigeration: Ample refrigeration space with a large walk-in fridge and freezer caters to extensive food storage needs.
Efficiency Focus: Kitchen layout and equipment are optimized for efficient, high-quality food preparation.
Location Advantages
Tourist Draw: Situated in the bustling Shaw neighborhood, a hub of cultural and social activity attracting a diverse crowd of locals and tourists.
Metro Accessibility: Conveniently located near public transportation, enhancing accessibility for all patrons.
Diverse Clientele: Located in a culturally rich and diverse community, appealing to a wide range of tastes and preferences.
Competitive Edge: Stands out with its unique setting, exceptional service, and high-quality offerings.
Neighborhood Synergy: Benefits from being in a busy area with both residential and commercial activity, ensuring consistent foot traffic and visibility.
Great Investment Opportunity
Growth Prospects: Significant potential for menu expansion, increased private event hosting, and strategic marketing initiatives to drive revenue growth.
Established Brand: Strong brand presence with a loyal customer base in the D.C. area, providing a solid foundation for future growth.
Ready-to-Operate: Turnkey business with fully operational systems and a well-trained staff, ensuring smooth transitions for new ownership.
Strategic Business Positioning: Prime location in a high-demand area with excellent potential for sustained growth and profitability.
Comprehensive Package: Combines a prime location, exceptional facilities, and a popular menu, making it an outstanding investment opportunity.
Sales and Lease information:  2023 sales were $1.235 million. Rent is $10,774/month including NNN’s. Lease has 3 years left plus one 5-year option. Landlord will extend the lease to a qualified Tenant
About the Business
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
3,000
Rent
Not Disclosed
Lease Expiration
7/15/2032
About the Sale
Seller Motivation
Moving
Listing Info
ID
2293581
Listing Views
1235

Contact Seller

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Business Listed by: Jim McGinnis Restaurant Brokers & Developers, Inc.

Listing ID: 2293581 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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