Successful Fast Food American Rest. on High Traffic St. Corner

Listing Number: 090122-781333

Description

Successful Fast Food American Rest. on High Traffic St. Corner for Sale! Founder-Owner Retiring.

A successful, 9+ years-old Cafe & Restaurant business in the top Washington DC location. Current founder-owner has been there since 2014. Menu includes sandwiches, wraps, salads, pastries, coffee and other drinks. Fantastic reviews from the web are 4.7-5.

This is a well-established restaurant business located closer to governmental and commercial buildings, numbers of residential buildings and communities in the key Washington DC area, on a high traffic corner and excellent main road visibility, directly facing metro bus and train stations.

These assets provide thousands of employees and pedestrian traffic daily. In addition, the restaurant sits next to a large educational hub with thousands of affluent students, that offers amazing growth opportunities to the right buyer in the future.

Recent improvements include new plumbing and power-washed exterior whereby owner invested $11,000. Furniture and fixtures and inventory all included, valued around $201,200. Seating for 80. Plenty of parking spaces available.

The business is open 5 days a week, from 6pm to 6pm . Sits on the prime, easily accessible corner location having sq footage of 2,001, it has 17 tables inside, with about 55 seats. The attractive rent/lease is valid till July 2025 with Two 5-year renewal options.

Owner is willing to train and assist for a time in the day-to-day operation if requested.

All information to be verified by the owner.

Seller financing is available.

Proof of funds required.

Listing Details

• Price: $ 220,000
• Down Payment: $125,000
• Sellers Discretionary Earnings: $ 111,287
• Total Sales: $ 296,069
• Location: District of Columbia


• Inventory: $ 12,000
• FF&E: $ 201,200
• Employees: 5
• Year Established: 2014
• Reason for Selling: Retiring
• Category: Restaurants