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Premier DMV Restaurant and Lounge & Restaurant for Sale | $4.3M Revenu
Washington, D.C., United States
Asking Price$9,000,000
Revenue$4,300,000
EBITDA-
Cash Flow$1,900,000
Description
This restaurant is a premier hospitality business located in the heart of Washington, D.C. For 28 years, the company has successfully combined a full-service restaurant and bar with a distinctive premium cigar experience, creating a destination unlike traditional dining establishments.
The business has cultivated a loyal and diverse customer base that includes local residents, business professionals, government employees, visitors, and cigar enthusiasts who value its welcoming atmosphere, quality food and beverage offerings, and exceptional customer experience.
Supported by an experienced team, a well-established operating platform, and a highly recognizable brand, the business has generated consistent revenue growth and strong cash flow while maintaining its position as one of the Washington metropolitan area's most respected hospitality destinations.
Real Estate
Rent is $29,500 per month
Building Size: 4125 sq. ft.Inventory
Included in Asking Price
Number of EmployeesFull-Time: 10Part-Time: 10
Year Established
28
Reason Selling
Owner is retiring
Support & Training
The owner is willing to train for 12 weeks.
Market & Competition
Washington, D.C. is recognized as one of the nation's premier hospitality markets, supported by a diverse customer base that includes local residents, business professionals, government agencies, diplomats, tourists, and convention attendees. The District's vibrant dining scene includes more than 2,600 restaurants, creating a highly competitive environment where longevity and brand recognition are significant indicators of market strength.
Within this competitive landscape, This restaurant has established a distinctive and highly defensible market position. While consumers have numerous dining and entertainment options, relatively few establishments successfully combine a full-service restaurant, premium beverage program, and authentic premium cigar lounge into a single hospitality concept. This differentiated business model has enabled the company to cultivate an exceptionally loyal customer base while attracting both local patrons and visitors seeking a premium social experience.
Growth Opportunities
Potential areas for future growth may include expanding brand awareness through targeted digital marketing initiatives, enhancing customer engagement through loyalty and membership programs, increasing private event and corporate gathering opportunities, optimizing the premium cigar retail program, and further leveraging the company's strong reputation within the Washington, D.C. hospitality market business into an existing hospitality portfolio.
Asking Price$9,000,000
Learn MoreAfter inquiring the broker will reach out to you to discuss the next steps.