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Listed by:

Metropolitan Restaurant Brokerage

Established Georgetown Pizza Business With Property Option For Sale

Washington, DC, District of Columbia, US
Real Property Price:
$2,174,250 Furniture / Fixtures included
Lease Price:
$134,250 Furniture / Fixtures included
Sales Revenue:
$783,785
Cash Flow:
On request

Take over a Georgetown pizza business with approximately $783,785 in annual sales and a trading history dating to 1994. The business is offered at $134,250, with the building available separately for an additional $2,040,000.

The 550-square-foot premises concentrate on carryout and delivery, with no indoor seating. A walkable setting near retail, residential and university activity supports customer access, while a trained team of 12 supports the operation.

Monthly rent is $4,577, with a 10-year lease and a five-year renewal option advertised. The furnished, equipped premises offer a compact base for an experienced operator seeking a Georgetown presence.

The existing business name is excluded, so the buyer must rebrand. Continue with a pizza offer under your own identity or explore a new concept suited to the premises.

Enquire to review the business, lease and optional property purchase and discuss your plans.

Property Information

Real Estate:

Available as lease or with real property included

Lease Terms:

A 10-year lease with a five-year renewal option is advertised. Monthly rent is $4,577. The building is available separately for $2,040,000; business and building together total $2,174,250.

Leasehold Rent:

$54,924 per annum

Location:

Georgetown, Washington, D.C., in a walkable neighborhood with retail, residential and university activity.

Premises Details:

A fully furnished and equipped 550-square-foot carryout and delivery unit without indoor seating.

Size in square feet:
550 sq ft

Business Operation

Expansion Potential:

Introduce your own brand to an established Georgetown trading location. The business name does not transfer.

Reasons for selling:

Retirement.

Employees:
12 employees.
Years established:
Established in 1994.

Other Information

Support & training:

Support and training are available

Lease asking price:
$134,250 - Furniture / Fixtures included

Listed by

Metropolitan Restaurant Brokerage