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Listed by:

Metropolitan Restaurant Brokerage

Long Established Leesburg Pizza and Italian Restaurant For Sale

Leesburg, Florida, US
Asking Price:
$149,000 Furniture / Fixtures included
Sales Revenue:
$1,300,000
Cash Flow:
Undisclosed

Acquire a Leesburg pizza and Italian restaurant with approximately $1.3 million in annual sales and a trading history dating to 1995. Offered at $149,000, this established operation has a local customer following and a longstanding reputation in the Northern Virginia market.

The approximately 3,560-square-foot premises provide 110 indoor seats and an equipped kitchen. Furniture, fixtures and equipment are included, giving an incoming owner a furnished restaurant to continue developing.

Four full-time and eight part-time employees support the operation. Monthly rent is $12,500, with approximately five years remaining on the lease and an option to renew.

The retiring owner is offering support and training. An experienced restaurateur or family operator can build on the existing pizza and Italian offer, customer relationships and dining capacity.

Enquire to review the accounts, lease and facilities or arrange a confidential viewing. Proof of funds is required before detailed information is released.

Property Information

Real Estate:

Lease

Lease Terms:

Approximately five years remain, with an option to renew. Monthly rent is $12,500.

Leasehold Rent:

$150,000 per annum

Location:

Leesburg, Northern Virginia, serving an established local customer base.

Premises Details:

Approximately 3,560 square feet with 110 indoor seats and a furnished, equipped restaurant kitchen

Size in square feet:
3,560 sq ft

Business Operation

Expansion Potential:

Build on the established pizza and Italian offer through hands-on management and development of the existing customer base.

Reasons for selling:

Retirement.

Employees:
12 employees: four full-time and eight part-time
Years established:
35 Years

Other Information

Support & training:

Support and training are available.

Listed by

Metropolitan Restaurant Brokerage