123 MAIN ST, Apt 1, READING, PA 19601

parkingSpaces 62
|Other
THB ฿4,436,217
USD $129,900
Published on: 02 Jun 2024
Last updated on: 09 Nov 2024
123 MAIN ST, READING, PA 19601
123 MAIN ST, READING, PA 19601
  • 2
Property ID: 110092352988
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Key property information

Parking Spaces
62

Business Oportunity - READING, PA

123 MAIN ST, READING, PA 19601
Profitable, home-style pizzeria and Italian restaurant. Featuring pizza, strombolis, wings, subs and more.Lucrative turnkey business. Loyal patrons; delicious recipes; excellent high-visibility location; ampleparking. Located in high-traffic strip mall anchored by a well-know, successful, chain supermarket.Fully equipped pizza & sub restaurant business for sale (business only). Stellar reputation for quality andservice – dine-in, take-out, and delivery. Consistent financials with room for growth.Owner is willing to work side-by-side with you for the first couple of months to help provide valuableinsights into the business operations, customer base, and strategies for continued success and new growth.Acquisition Rationale Includes:* High percentage of regular, repeat customers; Strong walk-in business due to strip mall traffic.* Good social media presence.* Furniture, Fixtures, & Equipment (FF&E) included in price.* Owner selling to retire. Reasonable seller expectations for the sale price and transaction.* All proprietary recipes written and included with purchase.* Tenured employees who can provide operational knowledge, uninterrupted connection to communityand customers, and consistency in the quality service expected by the many repeat patrons.Vital Stats:* REDUCED Offering Price: $179,500 Plus Inventory. Includes FFE and All Equipment* Total Revenue 2023: $598,000* Adjusted Cash Flow: $90,000 (2021-2024 Weighted Average)* Employees: 1 Manager; 4 Full-Time; 11 Part-Time* Location: Berks County, PA* Facilities: Leased; Owner agreeable to transfer* Parking: On premise, public parking lot with ample spaces* Hours: Tuesday – Sunday: 11:00am – 9:00pm

Property Details

Basic Info

Property Type
Other
Listing Status
Active
Parking Spaces
62
Year Built
1970
Architecture Style
Other
County
BERKS
Provider
Destination Realty, LLC
Brokerage Office Name
Destination Realty, LLC
Brokerage Office Phone
(484) 769-3209
Neighbourhoods
READING CITY
Address
123 MAIN ST, Apt 1, READING, PA 19601
Contact Agent
Sean Moretti
100 5th STREET N, Reading, PA 19602
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Sean Moretti
100 5th STREET N, Reading, PA 19602
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      Property ID: 110092352988

      Data provided by Destination Realty, LLC, MLS #: PABK2043972
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