Beautiful Well-Established and Profitable Italian Restaurant for Sale
Washington, DC
| Asking Price: | $295,000 |
| Gross Revenue: | $860,000 |
| Rent: | $3,800/Month |
| Established Year: | 2017 |
| Cash Flow: | $140,000 |
| Inventory: | $8,000 |
| FF&E: | $90,000 |
Listing ID: 2299053Listing provided by BizBuySell
BUSINESS DESCRIPTION
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Full service Italian restaurant. We're consistently referred to as neighborhood gem with a strong local following and stellar reviews online. We're one of the top rated Italian restaurants in the city.
-High profitable with VERY LOW overhead.
-Long term lease at an exceptionally low rate, only ~$3,800 nnn per month.
-Total seating 104.
-Beautiful semi-covered outdoor patio.
-Tavern liquor license.
DETAILED INFORMATION
Location
Washington, DC
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,900
Lease Expiration
31/03/2032
Employees
10
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Very well maintained semi-detached corner building on major street. Seating for 104, with indoor and outdoor dining.
Competition
Well placed corner location with high visibility. Minimal competition.
Growth & Expansion
We do little to no marketing and we're still getting a lot newcomers. We have a great reputation for quality food and service. Someone with a good sense for marketing and social media can take an already successful restaurant to the next level.
Support & Training
Owner is willing provide support as needed for a streamlined transition.
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