Business For Sale 174 Falon Lane, Altoona, PA 16602 | For Sale

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For Sale $550,000

$550,000
  • (0)
  • Units
  • Unknown Sq Ft
  • Unknown Sq Ft
  • Unknown Cap Rate

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

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


The income description goes here to explain

Expenses

Property Details

List Price $550,000
Property Type Other
Usable Sqft Unknown
Number of Stories 0 stories
Parking Spots 0 spots
Year Built 2023
Last Sold Unknown
Sold Price Unknown
APN # 14.0016..088.02000
MLS # PABR2015144
Property ID 320695190
Lot Sqft Unknown
Zoning COMMERCIAL
Days on Market 177
Original List Price Unknown
Date Updated January 07, 2025
Date Created July 19, 2024

Financials not available online. Please inquire with your agent for more details.

Listing Provided By

Terri Breindel an agent of .


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Data last updated: January 12, 2025.
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