Listing Number: 090122-845940
Description
We are excited to offer a rare and unique opportunity to acquire two well-established bars for the price of one in the vibrant street corridor of Washington, D.C. This turnkey business includes two connected bars, both renowned and thriving businesses.
Key features
Prime Location: Situated in the bustling area, known for its lively nightlife and high foot traffic.
Two Venues for the Price of One: Both lounge/bars are connected, offering versatility and a variety of atmospheres under one roof.
Steady business growth: yoy
Established Reputation: Both venues have a solid reputation and a loyal customer base, well-known in the D.C. nightlife scene.
Fully Equipped: Ready for immediate operation with all necessary equipment, fixtures, and furnishings included.
Versatile Concept: Perfect for introducing a fresh concept or continuing the current successful ones, subject to landlord approval.
High Foot Traffic: Located in a prime area, ensuring a steady flow of patrons day and night.
These successful establishments have become staples in the U Street nightlife scene, attracting both loyal locals and new visitors. With the addition of creative marketing strategies, themed events, and private bookings, there is substantial potential for increased revenue and further growth for the right experienced buyer to take the business to the next level.
Whether you’re an experienced nightlife entrepreneur looking to expand your portfolio or a newcomer ready to dive into the thriving D.C. nightlife, this opportunity provides a solid foundation for long term success.
Listing Details
- Price: $815,000
- Down Payment: $200,000
- Sellers Discretionary Earnings: $315,464
- Total Sales: $1,164,339
- Location: District of Columbia
- Inventory: $20,000
- FF&E: $300,000
- Employees: 8
- Year Established: 2018
- Reason for Selling: Retirement
- Category: Liquor Related Biz
Contact Agent:
- Aamer Chaudhary
- Phone: (202) 509-3739
- Email: [email protected]
