The former owner of Dr. Dremo’s is once again seeking investors to help secure a possible new location for the late, lamented dive bar.
The Washington Business Journal first reported that Andrew Stewart is eying a 6,000 square foot space somewhere in Clarendon. The exact location has not been revealed.
Stewart has come close securing a new location for Dremo’s several times, but to no avail. In an email to potential investors, Stewart says he hopes this time will be different.
Dr Dremo’s is trying to raise $350K to open a new spot in Clarendon. Investment opportunities are available… For more info, please contact: [email protected]. Financial statements and documentation available upon request.
It has been almost 2 years since we last tried to round up investors. We have looked at many places, spoken to many real estate agents, and actually came close a handful of times. It is only now that we are close enough to having a deal, that it is again time to round up investors and try to raise the funds.
The old Dremo’s location in Courthouse was razed shortly after it closed in January 2008. The development that was supposed to take its place has been delayed since then, although construction is reportedly set to begin soon.