Premier Live Entertainment, Bar & Private Event Venue
Business Description
Asking Price: $1,950,000
Gross Revenue: $2,049,988
Cash Flow: $505,139
Established: 2014
Rare opportunity to acquire an established and highly profitable entertainment-driven hospitality business in one of Washington, D.C.’s most desirable commercial districts.
Operating since 2014, the business has built a strong destination following by combining live entertainment, beverage and food sales, group celebrations, and private events within a professionally fitted venue.
The business currently operates only five days per week, leaving two closed days available for private events or additional programming. Further growth opportunities include expanding corporate and group event sales, strengthening the early-evening business, increasing direct outreach to surrounding corporate and university audiences, making greater use of the existing customer-engagement platform, expanding merchandise sales, and potentially replicating the concept in an additional location.
Gross Revenue: $2,049,988
Cash Flow: $505,139
Established: 2014
Rare opportunity to acquire an established and highly profitable entertainment-driven hospitality business in one of Washington, D.C.’s most desirable commercial districts.
Operating since 2014, the business has built a strong destination following by combining live entertainment, beverage and food sales, group celebrations, and private events within a professionally fitted venue.
The business currently operates only five days per week, leaving two closed days available for private events or additional programming. Further growth opportunities include expanding corporate and group event sales, strengthening the early-evening business, increasing direct outreach to surrounding corporate and university audiences, making greater use of the existing customer-engagement platform, expanding merchandise sales, and potentially replicating the concept in an additional location.
About the Business
- Years in Operation
- 12
- Market Outlook / Competition
- The business is differentiated from conventional bars and restaurants by its entertainment-led customer experience. Guests visit for the experience itself rather than solely for food or beverage, helping create longer dwell times, strong group demand and a level of differentiation that is difficult for traditional hospitality competitors to replicate. Its established market presence, operating history and desirable Washington, D.C. location further strengthen its competitive position.
Real Estate
- Owned or Leased
- Leased
About the Sale
- Seller Motivation
- Ownership is pursuing other opportunities.
- Transition Support
- Ownership will provide transition and training support to ensure an orderly handover.
Listing Info
- ID
- 2550319
- Listing Views
- 11
Listing ID: 2550319 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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