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Highly Profitable DC Steakhouse & Seafood Restaurant for Sale- $1.6MM Sales

Invest in the lucrative opportunity of owning this Highly Profitable Steakhouse and Seafood Restaurant for Sale in DC, poised for impressive returns! Projected to close out 2023 with $1.6 million in sales and substantial earnings exceeding $340,000, this popular and profitable establishment comes with the added benefit of SBA lending availability for qualified buyers. A Full Liquor License further enhances its appeal.

This Highly Profitable DC Steakhouse & Seafood Restaurant for Sale boasts an unbeatable location and a dedicated customer base, as evidenced by its robust sales and earnings. Presented by experienced Restaurant Brokers, this opportunity showcases six-figure earnings and high sales, qualifying for SBA lending with a streamlined approval process, allowing you to secure financing in a matter of weeks with just 20 percent down.

Benefits of acquiring this Highly Profitable DC Steakhouse & Seafood Restaurant for Sale include not only the assurance of existing cash flow but also the advantage of a location already proven to produce results. Spanning 6,443 square feet, this establishment has a solid track record in its current locale. The monthly lease, inclusive of base rent, CAMS, taxes, and insurance, is $15,540, valid until 09/01/2030, encompassing the initial term and any renewal options.  We Sell Restaurants will guide you through the leasing process, ensuring a swift transition to ownership, setting you up as the new owner in record time.

The restaurant's independent concept, free from franchise constraints, allows for creative freedom and flexibility in adapting to evolving culinary trends. With a fully trained and dedicated staff in place, you can seamlessly take the reins and build upon the Steakhouse & Seafood Restaurant for Sale legacy of success

Additionally, this Highly Profitable DC Steakhouse & Seafood Restaurant for Sale stands out not only for its financial prowess but also for its inviting ambiance and well-established reputation. The warm and welcoming atmosphere has played a crucial role in cultivating a loyal customer base, ensuring repeat business and positive word-of-mouth referrals.

Don't miss out on this opportunity to own a thriving business with a proven track record and the potential for further growth in the dynamic DC culinary scene.

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This is a Certified Pre-Owned Restaurant® the highest standard for restaurant listings. It has been reviewed by a Certified Restaurant Broker® and has verifiable Sellers’ Discretionary Earnings (SDE). It has been listed based on the strictest industry standards and if SBA lending is advertised, the business earnings qualify subject to Lender’s review & approval. The Business Analysis Tool with the latest profit & loss information is available for immediate review by qualified buyers and has been evaluated based on industry guidelines for expense ratios. The equipment in the store transfers free and clear of any liens subject to UCC Lien search by closing agent. If the space is leased, it is available for assignment, extensions, renewal or new agreement for qualified buyers and if the business is a franchise, it meets the criteria for transfer for assignment of the franchise. The acquisition of a Certified Pre-Owned Restaurant® includes the services of a Certified Restaurant Broker® at no cost to the buyer.

Please click on the tab below to easily acknowledge confidentiality on this Seafood restaurants for sale. For many business opportunities, you will immediately receive the name, address, photos, and most recent financials. If you have any questions, please contact Certified Restaurant Broker Eric Gagnon at (404) 800-6700

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Listing

  • Listing#: 10513
  • Price: $799000
  • Location: Washington

Lease Term: 09/01/2030

Monthly Rent: $15540,

Indoor Seating: 200

Inside Sq. Ft: 6443,

Hood System: Yes

Hours Open: 11:30am - 9pm Mon-Thur 11:30am - 10pm Fri 11am-11pm Sat 11am-9pm Sund

Net Sales: $1648752.00

Owner Benefit: $348423

Features

  • With a fully trained staff in place, the 6,443-square-foot restaurant is ready for seamless ownership transition and further growth in the dynamic DC culinary scene.
  • A Full Liquor License enhances the restaurant's appeal, adding to its offerings and revenue streams.
  • SBA lending is available for qualified buyers, streamlining the financing process and requiring only a 20 percent down payment.
  • Anticipated to close out 2023 with $1.6 million in sales and substantial earnings exceeding $340,000, highlighting its financial strength.
  • Boasting an unbeatable location and a dedicated customer base, evidenced by robust sales and earnings, creating a solid foundation for success.
  • Seafood Restaurant for Sale
Highly Profitable DC Steakhouse & Seafood Restaurant for Sale- $1.6MM Sales

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