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Listed by:

Metropolitan Restaurant Brokerage

Northeast DC Pizza Business With Building Option For Sale

Washington, DC, District of Columbia, US
Real Property Price:
$813,000 Furniture / Fixtures included
Lease Price:
$141,750 Furniture / Fixtures included
Sales Revenue:
$729,843
Cash Flow:
On request

Step into a carryout pizza business with approximately $729,843 in annual sales and a customer following built since 2015. Located in Northeast Washington, D.C., the business is offered at $141,750, with an option to purchase the building for an additional $671,250.

The approximately 850-square-foot premises contain an equipped production kitchen and the furniture and fixtures needed to continue the existing operation. Six full-time and eight part-time employees support daily service.

Monthly rent is $4,993, and a 10-year lease with a five-year renewal option is advertised. The compact premises and established trading format provide an accessible entry point for an experienced pizza operator, family business or restaurant group seeking another location.

The seller is retiring. Enquire to review the trading information, lease arrangements and optional property purchase. Proof of funds is required before further information is released.

Property Information

Real Estate:

Available as lease or with real property included

Lease Terms:

A 10-year lease and a five-year renewal option are advertised, at $4,993 per month. The optional building costs an additional $671,250; business and building together total $813,000.

Leasehold Rent:

$59,916 per annum

Location:

Northeast Washington, D.C., in a densely populated area with foot traffic and established local demand.

Premises Details:

An approximately 850-square-foot carryout unit with furniture, fixtures and kitchen equipment included.

Size in square feet:
850 sq ft

Business Operation

Expansion Potential:

A hands-on owner can build on the existing customer base and consider purchasing the premises alongside the business.

Reasons for selling:

Retirement.

Employees:
14 employees: six full-time and eight part-time.
Years established:
Established in 2015.

Other Information

Support & training:

Support and training are available.

Lease asking price:
$141,750 - Furniture / Fixtures included

Listed by

Metropolitan Restaurant Brokerage