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Listed by:

Metropolitan Restaurant Brokerage

Northwest DC Pizza Restaurant With Property Option For Sale

Washington, DC, District of Columbia, US
Real Property Price:
$1,596,750 Furniture / Fixtures included
Lease Price:
$216,750 Furniture / Fixtures included
Sales Revenue:
$953,695
Cash Flow:
On request

Build on an established Northwest Washington, D.C. pizza operation with approximately $953,695 in annual sales. Trading since 2011, this carryout and delivery restaurant is offered at $216,750, with the real estate available separately for an additional $1,380,000.

The approximately 850-square-foot premises combine an efficient service format with a furnished, equipped kitchen. An existing customer following and a team of eight full-time and 10 part-time employees provide continuity for a new owner.

Monthly rent is $5,150, with a 10-year lease and a renewal option advertised. The business may suit an experienced restaurateur seeking a further location or a hands-on operator looking for an established neighborhood trade.

The owner is retiring. Enquire to explore the business performance, facilities and choice of leasing or purchasing the property. Proof of funds is required for further information.

Property Information

Real Estate:

Available as lease or with real property included

Lease Terms:

A 10-year lease with an option to renew is advertised, at $5,150 per month. The property is available separately for $1,380,000; business and property together total $1,596,750.

Leasehold Rent:

$61,800 per annum

Location:

Northwest Washington, D.C., serving an established neighborhood customer base.

Premises Details:

Approximately 850 square feet arranged for carryout and delivery, with kitchen equipment, furniture and fixtures included.

Size in square feet:
850 sq ft

Business Operation

Expansion Potential:

Develop an existing neighborhood operation through hands-on management, with the option to acquire the property as well.

Reasons for selling:

A 10-year lease with an option to renew is advertised, at $5,150 per month. The property is available separately for $1,380,000; business and property together total $1,596,750.

Employees:
18 employees: eight full-time and 10 part-time.
Years established:
Established in 2011.

Other Information

Support & training:

Support and training are available.

Lease asking price:
$216,750 - Furniture / Fixtures included
Contact Broker

Listed by

Metropolitan Restaurant Brokerage

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