Lansdale, PA 19446,1551 S VALLEY FORGE RD
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Lansdale, PA 19446,1551 S VALLEY FORGE RD
Lansdale, PA 19446,1551 S VALLEY FORGE RD
Lansdale, PA 19446,1551 S VALLEY FORGE RD
Lansdale, PA 19446,1551 S VALLEY FORGE RD

$50,000

Est. payment /mo

$54,850

8.8%
Est.Price: ?

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1551 S VALLEY FORGE RD Lansdale, PA 19446

1.08 Acres Lot

SOLD DATE : 11/01/2023

Key Details

Sold Price $50,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PAMC2070092

Sold Date 11/01/23

Originating Board BRIGHT

Year Built 1983

Annual Tax Amount $62,068

Tax Year 2022

Lot Size 1.080 Acres

Acres 1.08

Lot Dimensions 0.00 x 0.00

Property Description

Business Features-This turnkey, fully operational, Owner operated, DQ franchise business operating for 35 years at this same location and has very favorable social media reviews. The approx. 1,260 square foot space (real estate not included) is well equipped and has a great staff already in place. This Dairy Queen Treats business, located in the small local community of Lansdale, PA has a loyal following. The equipment, included in the sale, is older, altho, well-maintained, and in good condition. The inventory is additional, currently estimated at $3,500.
Average 3 years Cash flow: $67,000 with Depreciation. Sales are consistent for three out of the past 4 years, averaging $218,000 annually. In 2020, during Covid, sales took a hit due to this business not having a drive-thru, nor did it utilize the ever-popular online services of DoorDash and the like. The store is open year-round, eliminating seasonality difficulties like reduced revenue circumstances, avoiding the hassle of a yearly close-down and start-up process for the business, and the costly and time-consuming process of hiring/training new staffers.

Facility-This is a sit-down DQ Treats with 3 outdoor community tables, and inside seating for a total of 14, with plenty of room for small events or birthday parties. The approx.1,260 square foot space has a lease in place until January 31st, 2024.

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Key HIGHLIGHTS:
• Large repeat customer base!
• Great location with sufficient parking.
• Safe and Secure Investment – People love Dairy Queen! Strong Brand Awareness.
** This is a great opportunity to be your own boss and make people happy.

Purchase Price and Terms of Sale:
The Listing Price is $54,850 including all FF&E, the inventory will be added to the purchase price at closing. The estimated Closing Inventory is $3,500.

Additional Costs:
*Dairy Queen Royalties are 8 percent per month on the gross sales
*Franchise new owner transition fee would be roughly $5500-$6000

Location

State PA

County Montgomery

Area Upper Gwynedd Twp (10656)

Zoning COMMERCIAL

Interior

Hot Water Other

Heating None

Heat Source Other

Exterior

Garage Spaces 10.0

Waterfront N

Water Access N

Accessibility None

Parking Type Parking Lot

Total Parking Spaces 10

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District North Penn

Others

Tax ID 56-00-09021-121

Ownership Leasehold

SqFt Source Assessor

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Raymond Lind • KW Commercial
Bought with Raymond Lind • KW Commercial

Betty Brown Vivian

Agent | License ID: 0225257091

+1(703) 402-1677

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