Casual Restaurant & Bar With Roof Deck

Listing ID: 700286246

Listing Title: Casual Restaurant & Bar With Roof Deck

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Industry: Food and Beverage

Industry Segment: Restaurants and Fast Food (Non-Franchise)

Country: United States

State / Province: Dist. of Columbia



Asking Price Range: $500K - $1.0M

Gross Revenues: $2,245,730

Cash Flow: $355,448

Cash Flow Type: Sellers Discretionary Cash

Year Established: 2011

Number of Employees: 35 - 49

Business Description:
Full-service restaurant and bar with fabulous rooftop deck! Tasty hand-tossed pizzas and craft beer. Menu uses high-quality ingredients: vegan, vegetarian and gluten-free options. Community focused in programming and vibe in this DC nightlife hub. Large projector screen TV perfect for game watches. Over 200 person capacity in approximately 6,000sf with over $1.5 million spent on equipment and build-out, including multiple TVs and integrated AV system. Benefit from a class C ''Tavern'' license with entertainment endorsement and late weekend hours (up to 3:00am on Fridays and Saturdays). Totally turnkey operation and ideal for an active owner-operator. This business has been pre-qualified for SBA-guaranteed financing given its complete set of books and records. Some seller-financing may also be available subject to credit review. Combining both SBA-guaranteed and seller financing might allow a very well qualified purchaser to buy this business with as little as 15% down (will depend on many things including full credit underwriting and how security deposits and other working capital needs are treated).

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