103 Franklin St Reading, KS 66868
This exceptional turnkey restaurant opportunity is located at 103 Franklin Street in Reading, Kansas. Built in 2011, this well-maintained establishment is ready for immediate operation. The spacious interior comfortably seats 49+ patrons and includes a fully equipped kitchen boasting a comprehensive array of commercial appliances. This includes three small freezers, one stand-up freezer, two small refrigerators, a prep table, a salad bar, a two-basket electric fryer, a four-burner gas stove, a convection oven, an ice machine, and a hood system with suppression. Outdoor cooking options are also available with an included smoker and fryer. The property features a convenient walk-in cooler/freezer, ensuring efficient food storage. Two furnaces provide reliable heating, and a single bathroom is available for customer use. Ample parking is provided in the rear lot. All existing inventory will be included in the sale at closing, making this a truly turnkey operation. This is a rare opportunity to acquire an established and profitable business in a thriving community. The asking price is $209,900. Don't miss this chance to own your own restaurant!
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The Miracle Cafe Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.