Gourmet Burgers in a Excellent Washington D.C. Location

Price: JUST REDUCED TO $250,000.00 LOCATION LOCATION LOCATION!!!

Location: Washington, D.C NW

Industry: Food and Beverage

Listing Description

Excellent gourmet burger restaurant located in the famous U Street Corridor, is a turnkey dine in and delivery which attached its pride of the neighborhood into its Jazz themed concept. This mid-sized restaurant serves all Angus gourmet burgers along with other complementary menu items in a fast sit-in setting. This location is 2962/SF with a beer and wine license and a patio license for 16 seats (237/SF). The restaurant currently employs 12 to 14 full time staff. This restaurant location has the capability to stay open and produce until 5AM due to the amount of night life in the immediate area.

Listing Details

Asking Price: $350,000.00

Gross Income: $1,100,000.00

FFE: $150,000.00 (Included in Price)

Inventory: $5,000.00

Reason For Sale:Other Interests

Training & Support:2 weeks

Operation

Year Established: 2012

Days & Hours of Operation: Sunday to Wednesday 11 AM to 12 PM and Thursday to Saturday 11 AM to 4 AM (Heavy nightlife foot traffic)

Owner Hours Per Week: Absentee

Employees: 14 Full time

Location

General Location: NW Washington D.C.

Monthly Rent: $13,449.95/NNN

Square Footage: 2962sq. ft. (+ -) as well as 237/SF 16 seat patio