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Casual Restaurant & Bar With Roof Deck
Location: United States -> Dist. of Columbia
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

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).


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $2,245,730
Cash Flow:   $355,448
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $1,540,757
Seller Financing:  Yes

About The Business

Year Established:  2011
Number of Employees:  35 - 49
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased

About The Sale

Management Training and Support:  2 weeks
Reason For Selling:  Other interests

Photos

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Casual Restaurant & Bar With Roof Deck Photo 1




Print Listing Id: 700286246
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales

Also See: Franchise Opportunities > Franchise Resales > Business Brokers > Commercial Property For Sale > Commercial Property For Lease



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