Back to businesses for sale
Accommodation & Food Services

Long Standing Restaurant

District of Columbia, DC, USA
Listed 92 days ago

This 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.

Employees

10 FT/10 PT

Real Estate

Lease

Trading Hours

Monday-Sunday 11:30am-2am

Management Type

This business is owner operated.

Premises Details

The business operates from a well-appointed facility designed to support its distinctive hospitality concept. The space features a full-service dining room, a dedicated premium cigar lounge with comfortable seating, a full-service bar, and an outdoor patio that enhances the guest experience and expands seating capacity. The facility comfortably accommodates approximately 164 guests and has been thoughtfully designed to create an inviting atmosphere that encourages repeat visitation and extended customer engagement.

Years Established

28

Support & Training

Will train for 12 weeks @ $0 cost.

Expansion Potential

This restaurant has established a strong operating platform supported by a recognized brand, loyal customer base, and consistent financial performance. While the business has achieved impressive results under its current ownership, opportunities remain for future growth through strategic initiatives, expanded marketing efforts, enhanced customer engagement, and continued operational optimization. A new owner may also identify additional opportunities to leverage the company's established reputation and differentiated market position to further increase revenue and profitability.

Competition / Market

Washington, D.C. is home to one of the nation's most dynamic hospitality markets, with more than 2,600 restaurants serving a diverse population of residents, business professionals, government employees, tourists, and convention visitors. Despite the depth of the market, relatively few establishments offer the unique combination of a full-service restaurant, premium beverage program, and authentic premium cigar lounge experience. Over nearly three decades, this restaurant has established itself as one of Washington, D.C.'s premier destination hospitality concepts through its differentiated operating model, loyal customer base, and exceptional reputation. Its established market position provides a meaningful competitive advantage within one of the country's most competitive hospitality markets.

Reason for Selling

The current owner has elected to retire.

Financials

Asking Price
$9M
RevenueMost Recent Year
$4.4M
Earnings (SDE)Last Reported
$1.9M
Assets Value
Undisclosed
Seller Financing
Not available

Interested in this business?

Get in touch with the seller to ask questions and learn more.

Get Expert Help with your acquisition

Connect with an advisor who can guide you through evaluating, financing, and closing the right business acquisition.

Similar Listings

Profitable Franchise Juice & Coffee Café with Expansion Rights

Profitable Franchise Juice & Coffee Café with Expansion Rights

Broward County, FL, USA
Updated 6 hours ago
Verified about 6 hours ago
Asking Price
$375K
Earnings
$139K SDE
Fully Remodeled Fast Casual Restaurant Q1 2025

Fully Remodeled Fast Casual Restaurant Q1 2025

Palm Beach County, FL, USA
Updated 6 hours ago
Verified about 6 hours ago
Asking Price
$199K
Earnings
Undisclosed
Profitable Custom Cake & Dessert Business with Catering

Profitable Custom Cake & Dessert Business with Catering

Broward County, FL, USA
Updated 6 hours ago
Verified about 6 hours ago
Asking Price
$200K
Earnings
$50K SDE