1916 Martin Luther King Jr Ave Se, Washington, DC 20020

Property Description

The business opportunity at 1916 Martin Luther King Jr Avenue in Washington, DC, is a well-established carryout restaurant generating a steady monthly revenue of $20,000 to $30,000. This suggests strong local demand and potential for growth, particularly in a high-traffic area. Key details of the business are: Rent: $4,500 per month, a manageable expense compared to revenue, allowing for healthy margins. Equipment: The property comes equipped with a full-sized hood and range, essential for preparing a wide variety of cooked meals, increasing the versatility of the menu. Location: Situated on a busy avenue, the restaurant likely benefits from high visibility and foot traffic, making it ideal for a quick-service or takeout-focused business. This opportunity may appeal to entrepreneurs looking to enter the food service industry with an established cash flow, or those seeking to expand an existing brand in Washington, DC. With a strong revenue-to-rent ratio and fully-equipped kitchen, it presents a promising foundation for success. The redevelopment of the Anacostia neighborhood in Washington, DC, has been a transformative process aimed at revitalizing one of the city’s most historic areas. Anacostia, once known for its vibrant history and close-knit community, faced decades of economic stagnation and underinvestment. In recent years, however, there has been a concerted effort to improve infrastructure, housing, commercial spaces, and public services in the area, bringing new opportunities and challenges to the community.