For Sale
$1,295,000

10429 Main StNorth East, PA 16428

Profitable Turnkey Business & Real Estate

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a highly profitable, turnkey business and its accompanying real estate. The Super Stitch Sewing, Vacuum & Learning Center, established in 1983, boasts over $1.2 million in average annual sales (2021-2023) and a net operating income of $215,541 (2023). The business, including its name, assets, goodwill, and inventory, is offered at $475,000. The accompanying 6,250 square foot, two-story building, constructed in 2002 and fully renovated in 2017, sits on a 1.672-acre lot in North East, PA. The property features a large showroom with high ceilings and abundant natural light, a state-of-the-art learning center with seating for 17+, office space, and ample storage. Additional amenities include paved parking for 29+ vehicles, front and rear entrances, digital signage, a security system, and a central vacuum system. The property is zoned B-1 Commercial and enjoys a convenient location, just three miles from I-90, Exit 41. Multiple revenue streams contribute to the business's success, including sewing machine and vacuum sales and service, monthly supply clubs, in-person and online classes, and kids' camps. A well-developed website and strong social media presence further enhance its reach. The business's extensive client base extends throughout Greater Erie and a 2-3 hour radius, encompassing Buffalo, Cleveland, and Pittsburgh. The real estate and business are offered together for $1,295,000, with a lease option available at $4,500 per month, NNN. A 3D tour and floor plan are available.

Highlights

  • Established in 1983, award-winning, highly profitable turn-key business.
  • Averaging over $1.2M in gross sales (2021-2023), with $215,541 NOI in 2023.
  • Includes over $76,000 in equipment and over $320,000 in inventory.
  • Multiple revenue streams including sales, service, supply clubs, classes, camps, and classroom rentals.
  • Features a user-friendly website with online shopping and strong social media presence.
  • Serves a large client base in Greater Erie and a 3-hour radius (Cleveland, Buffalo, Pittsburgh).

Property Details for 10429 Main St

Property type
Retail properties, Retail space
Square Feet
6,250 SF
Class
B
Year Built/Renovated
2002/2017
Buildings
1
Stories
2
Lot Size (sq. ft)
72,832 SF
Units
1

Location Insight

City
North East
County
Erie
State
Pennsylvania
Latitude
42.207460861346
Longitude
-79.857970742879
10429 Main St, North East, Pennsylvania

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10429 Main St
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