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Listed by Carmen Swinehart • Dennis E. Beck Real Estate
$ 40,000
Est. payment /mo
Price Dropped by $45K
000 CONFIDENTIAL STREET Lancaster, PA 17603
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID PALA2064010
Year Built 1935
Tax Year 2024
Property Sub-Type Retail
Source BRIGHT
Property Description
Well established, pizza shop with Turnkey operations! Take advantage of this opportunity to own a popular pizza restaurant in the heart of Lancaster, with a legacy spanning, multiple decades, serving loyal customers. This business features a dedicated dine in and takeout service, providing flexibility and a broad customer base. Situated in a high traffic area in Lancaster, bringing in consistent foot traffic as well as vehicle exposure. All equipment and furnishings are well-maintained, fully operational and included in the sale, making this a turnkey operation. On Street parking, three freezers, walk-in refrigerator, two refrigerators, two pizza, ovens, dough, mixer, TVs, work tables, two fryers, three basic, delivery vehicle, shelving units, seating and more. Gross revenue 375,000, Ebitda 50,000, FFE 50,000, inventory 10,000. Space available for lease. Current rent is $2500 per month. There is an option to purchase the real estate that is currently not listed for sale that includes two rental units for additional income. Buyer and buyers agent to sign NDA. Seller to train and offers an experience team with a committed manager and assistant manager already in place to ensure a smooth transition and maintain day-to-day operations.
Location
State PA
County Lancaster
Area Lancaster City (10533)
Zoning COMMERCIAL
Interior
Hot Water Other
Heating Other
Cooling Other
Inclusions FFE
Heat Source Other
Exterior
Water Access N
Accessibility Other
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District School District Of Lancaster
Others
Tax ID NO TAX RECORD
Ownership Other
Special Listing Condition Other

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