PA > Altoona
Altoona, PA 16602,BUSINESS FOR SALE 174 FALON LANE
Altoona, PA 16602,BUSINESS FOR SALE 174 FALON LANE
Altoona, PA 16602,BUSINESS FOR SALE 174 FALON LANE
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$550,000
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2,400 SqFt
Active

BUSINESS FOR SALE 174 FALON LANE Altoona, PA 16602

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Melissa Roswell

Melissa Roswell

+1(856) 904-9502

UPDATED:

08/14/2024 08:59 AM

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 2,400 sqft

Price per Sqft $229

MLS Listing ID PABR2015144

Originating Board BRIGHT

Year Built 2023

Annual Tax Amount $3,595

Tax Year 2023

Property Description

Healthy Food Franchise Available Now

This 2,400 sq ft custom designed restaurant was built in 2023 by the present owner. This store has positive cash flow and tremendous revenue growth. Sales growth is up 24% since January 2024 and continues to be poised for growth. The initial investment into this build out by the current owners was $680,000 in April 2023. This is an incredible opportunity to obtain this store for $550,000 fully constructed and stocked with positive cash flow. AS A BONUS, you will also obtain the franchise for the State College market which the current owners purchased for an anticipated additional store.

This franchise model launched in 2013 has received honors as one of the top 50 fastest growing small franchise concepts in the U.S. by Restaurant News Magazine and has over 100 locations in 22 states. There are multiple revenue streams which include in house dining, Grab ‘N’ Go options, weekly meal plans, packaged goods, and catering.

This location is impeccably clean and organized. They are fully staffed with 14 employees. The franchisor and the existing owners will train the new owners.

This is a turnkey opportunity to own and grow with a reputable restaurant brand. Contact us today for more information.

Hours of Operation: Attractive hours of M-F 11am to 7pm, Sat and Sun 11am to 3pm

Location

State PA

County Blair

Area Logan Twp (15314)

Zoning COMMERCIAL

Interior

Hot Water Multi-tank

Heating Forced Air

Inclusions All inventory, Furniture, Fixtures and Equipment included in sale

Heat Source Natural Gas

Exterior

Garage Spaces 21.0

Waterfront N

Water Access N

Accessibility 32\"+ wide Doors

Parking Type Parking Lot

Total Parking Spaces 21

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Altoona Area

Others

Tax ID 14.00-16..-088.02-000

Ownership Leasehold

Acceptable Financing Conventional, Cash

Listing Terms Conventional, Cash

Financing Conventional,Cash

Special Listing Condition Standard

Bright MLS (BMLS)
Listed by Terri Breindel • Keller Williams Advantage Realty

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Melissa Roswell

Agent | License ID: 1540788

+1(856) 904-9502

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BUSINESS FOR SALE 174 FALON LANE

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