- Advert ID: 504295
Popular Bar in Northwest Washington DC For Sale
Price Reduced
- Location:
-
- United States
- > North East
- > District of Columbia
- > Washington, DC
- > Adams Morgan
- Category:
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Summary
- Asking price:
- $450,000
- Sales revenue:
- $500k < 1m
- Net profit:
- < $250k
- Years established:
- 3
- Employees:
- 17
Business description
Successful and profitable bar for sale in Adams Morgan, Washington, DC. Bar has a highly desirable tavern license designation, which means no minimum food requirements. The only way to get these licenses is to buy an existing license! Huge dance floor!
Property information
- Real Estate:
- Lease
- Lease terms:
- Low monthly lease with 7 years remaining plus a 5 year option.
- Location:
- Business is located centrally in the heart of the night-club district on 18th Street.
Other information
- Expansion potential:
- Business can be expanded through increased attention to food sales and opening 7 days per week.
- Competition / Market:
- There are other restaurants, bars and clubs, which attract thousands of patrons nightly.
- Support & training:
- Up to 1 month or as needed
- Reasons for selling:
- Moving
- Trading hours:
- Can be open 12pm-2am weekdays, 3am on Friday/Saturday nights
- Financing available:
- Will consider financing up to 25% of purchase price
- Furniture / Fixtures value:
- $50,000
- Inventory / Stock value:
- $10,000
Contact the seller
need to search again?
- United States
- > North East
- > District of Columbia
- > Washington, DC
- > Adams Morgan
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