103 Heaton StKnox, IN 46534

Property Details for 103 Heaton St

Year built

1940

Construction

WOOD

Lot size

0.20 AC

Property size (Sq ft)

1,650 SF

Property type

Retail properties

Property subtype

Retail space

APN

75-06-22-204-193.000-004

APU

750622204193000004

Description

This exceptional turn-key business opportunity presents a chance to acquire a well-established Pizza King franchise located at 103 S Heaton Street, Knox, Indiana. Situated on a 0.2-acre lot, this retail property offers a thriving business with a loyal customer base and a proven track record of profitability. The franchise benefits from years of success and strong brand recognition within the community, ensuring immediate revenue generation for the new owner. The business is currently operational and fully equipped, ready for a seamless transition. This presents a unique opportunity to step into a ready-made, successful enterprise without the need for extensive start-up costs or market development. The high-traffic location guarantees consistent customer flow, maximizing sales potential. The sale includes all necessary equipment and fixtures to continue operations immediately. Financial records demonstrating the profitability of the business are available upon request. This is an ideal investment for an experienced entrepreneur seeking a profitable, established business with significant growth potential. The property's location in Knox, Indiana, offers a stable market and a strong community base. Serious inquiries only. The asking price for this exceptional opportunity is $225,000.

• CAP approach

  CAP return

  Valuation

  6%

  $779,487

  6.5%

  $719,526

  7%

  $668,131

• Comparable approach

  Method

  Valuation

  Relative Method

  $541,580

  Geo Method

  $541,580

• Alternative Use

  Use

  Valuation

  Residential

  $606,947

  Hospitality

  $555,960

  Educational

  $462,552

  Medical

  $478,460

  Retail

  $719,526

Location Insight

City

Knox

County

Starke

State

Indiana

Latitude

41.296

Longitude

-86.6209

Property Tax & Assessments

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