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Super Stitch Sewing, Vacuum & Learning Center 10429 W Main Rd
6,250 SF Retail Building North East, PA 16428 £1,013,273 (£162/SF) 16.64% Net Initial Yield
Investment Highlights
- Own Super Stitch Sewing, Vacuum & Learning Center
- Sale Includes Business, Real Property, Business Assets, Website/Social Media & Goodwill
- $215,541 Net Operating Income (2023)
- Turn-Key Vacuum Cleaner & Sewing Machine Sales & Service Business
- Over $1.2 Million in Average Annual Sales (2020-2022)
- 6,250± SF Modern Facility with Parking for 29 - Floor Plan & 3D Tour Available
Executive Summary
Data Room Click Here to Access
- Offering Memorandum
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
About 10429 W Main Rd , North East, PA 16428
Own Super Stitch Sewing, Vacuum & Learning Center! Highly profitable, award-winning vacuum cleaner & sewing machine sales & service business – established in 1983. Now available for sale – owner’s retiring after 41 years! Business, business name, all business assets, goodwill & inventory offered at $475,000. Super Stitch is a Janome and Brother sewing machine dealer, ranking in the top 25 Janome dealers in the country out of over 600 dealers. Super Stitch specializes in sewing machines, sergers, vacuums, fabric & notions with over $1.2 million in average annual sales (2021-2023). Net Operating Income of $215,541 (2023). Equipment valued at over $76,000. Inventory valued at over $320,000. Extensive client base including Greater Erie as well as a 2-3 hour radius: Buffalo, Cleveland, and Pittsburgh. Well developed, user-friendly website with online shopping & social media with strong following. Multiple revenue streams beyond vacuum & sewing machine service/sales: monthly supply clubs, in-person & online classes, kids camps, and more. The business may be relocated or acquired with the current 6,250± SF facility. Modern facility built in 2002 & completely renovated in 2017. Layout includes a large showroom with high ceilings and abundant natural light, coffee bar & 2 restrooms; a state-of-the-art learning center with seating for 17+; office area with employee restroom and additional 1,250± SF second floor currently used for storage. Paved parking for 29+ with front & rear entrances. Numerous upgrades including digital signage, security system & central vacuum system. Situated on 1.672± acres offering room for expansion! Zoned B-1, Commercial, in North East Township. Conveniently located just 3 miles (5 minutes) from I-90 at Exit 41. 3D tour and floor plan available. Business with real property offered at $1,295,000. Lease option available at $4,500/month-NNN. Confidentiality Agreement required for full details. Contact broker for additional information.
PROPERTY TAXES
| Parcel Number | 37-019-070.0-017.03 | Total Assessment | £167,158 (2024) |
| Land Assessment | £45,888 (2024) | Annual Taxes | -£1 (£0.00/sf) |
| Improvements Assessment | £121,270 (2024) | Tax Year | 2023 Payable 2023 |
PROPERTY TAXES
-
Sherry Bauer -
SBRE - Sherry Bauer Real Estate Services
Presented by
Super Stitch Sewing, Vacuum & Learning Center | 10429 W Main Rd
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