The Georgetown Foxtrot closed for good suddenly yesterday. It was part of a chain-wide closure as the company has gone bankrupt. The CEO wrote:
We explored many avenues to continue the business but found no viable option despite good faith and exhaustive efforts,” Foxtrot said in a statement on its website. “This decision has not been made lightly, and we understand the impact it will have on you, our loyal customers, as well as our dedicated team members.
(For a more honest appraisal of what went wrong, read this deep dive.)
The Georgetown location was consistently packed, which would suggest (although certainly not guarantee) that it was a profitable location. The business plan of “open coffee shop with marked-up prepared food” has been pretty much idiot-proof in Georgetown over the last couple years. And you could see how this location shifted more towards this model over time (and away from its early pretenses of being a small scale grocery store). So I would not be surprised if someone else takes over this location and tries something similar.
Although it could take some time. Remember that a similar chain-wide collapse resulted in the Georgetown Dean and Deluca closing in 2019. Nearly five years later it’s still empty, with the much anticipated Mozza still months away from opening. So, maybe don’t hold your breath, but the retail (especially casual food retail) environment in Georgetown is smoking hot, so there’s reason to be hopeful.
The Georgetown Metropolitan 