Haverhill/Groveland Area~~ASSET SALE~~ New Build

GROVELAND, Massachusetts

Asking Price $300,000 Year Established
Annual Revenue $0 Reason for Selling To much Travelling  
Annual P/L $0 Attention John F
Annual Cash Flow $125,000 Listing Number 989723  
# of Employees Business Category Food & Beverage: Restaurants, Fast Food, Deli

Business Overview:

Haverhill/Groveland Area~~ASSET SALE~~ Brand New Build-Out. TOTALLY RENOVATED…ALL NEW EQUIPMENT…FULL LIQUOR LICENSE.

SELLING PRICE: $300,000DOWN PAYMENT: $120,000

LEASE: $3,500.00/mo. + NNN ($417/mo.)Years left: 5+5+5

Plus, Option on Strip Mall at end of 1st 5 yrs

SQUARE FOOTAGE: 2,000 sf

SEATING:49 seats

REASON FOR SELLING: Realization that I have too many projects at once going on…can’t handle this one.

COMMENTS: A rare opportunity to put your own touches and brand on a brand-new build out. All brand-new equipment and infrastructure in a quaint northern MA. town with a lovely river meandering through it. Full liquor license is in place for the u-shaped bar right in the middle of the dining area. Ample parking, plenty of storage area. Designed for a Mexican/American menu but can be any concept.

Property Features and Assets:

<p>Located in well maintained small Strip Mall in a Northern MA town. All brand-new, F, F & E, Bathrooms, Walkins and much more. Liquor License already in place as well.</p>

Market Competition and Expansion:

<p>Very little in the immediate area.</p>

Additional Details:

  • The property is Leased.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

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