$129,900

123 MAIN ST 1, READING, PA 19601, US

Summary

Year Built: 1970

Moving Quotes

primary photo for 123 MAIN ST 1, READING, PA 19601, US

Remarks

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; ample
parking. 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 and
service – 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 valuable
insights 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 community
and 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

Details

MLS#: PABK2043972
Price: $129,900

Year Built: 1970

County: BERKS
Tax Fee: 0.0

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Broker Contact


Destination Realty LLC
100 5th STREET N
Reading, PA, 19602
US
Sean Moretti
! (610) 743-3310
! seanhmoretti@gmail.com
! Website

Information is believed to be accurate but should not be relied upon without verification.
Data Provided by Bright MLS
Last updated: 2024-08-23T11:13:40.000-04:00.
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