Altoona, PA 16602
- Investment properties
Current Use by Public Records
- Investment properties
Property Details
- Year built
- 2023
- Property type
- Investment properties
Description
This thriving, 2,400 square foot healthy food franchise in Altoona, PA, presents a remarkable investment opportunity. Established in 2023 with a $680,000 initial investment, this custom-designed restaurant boasts impressive financial performance. Sales have increased by 24% since January 2024, demonstrating significant growth potential. Priced at $550,000, the sale includes all existing equipment and inventory, making this a true turnkey operation. The business model, recognized as one of the top 50 fastest-growing small franchise concepts in the U.S. by Restaurant News Magazine, has over 100 locations across 22 states and was launched in 2013. This particular franchise also includes the rights to the State College market, a significant added value. Multiple revenue streams contribute to the strong cash flow, including dine-in service, Grab & Go options, weekly meal plans, packaged goods, and catering. The restaurant operates with attractive hours: Monday-Friday, 11 am to 7 pm, and Saturday-Sunday, 11 am to 3 pm. The business is impeccably maintained and fully staffed with 14 employees. Comprehensive training will be provided by both the franchisor and current owners, ensuring a smooth transition for the new owner. This is an exceptional chance to acquire a profitable, established business with significant upside.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Altoona
- County
- BLAIR
- State
- Pennsylvania
- Longitude
- -78.374
- Latitude
- 40.5168
