Methuen/Haverhill R.E. 2 acres LOW PRICE Restaurant Package $510K

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Business Description

REAL ESTATE & LAND FOR SALE- $510,000...including open restaurant.
Make a reasonable offer!

Includes a Business -Your option to Keep Business, Change Concept or change to Other Retail if desired.

TYPE OF BUSINESS: Currently has an operating Full Service Restaurant w/ Liquor License/Short week & hours

LOCATION:Rte. 97. Methuen/Haverhill Area on almost 2 acres (80,150 sq. ft.) of buildable land right off of major road. 50 space Parking Lot. Dense Population with more residential& commercial building going on.

Why LEASE when you can own?

SQUARE FOOTAGE: (Restaurant) 3,100 sq. ft.
(Retail or Residence Alternative)
BUILDING-4418 sq. ft.
LAND - 1.840 acres Zoned: RR
3-rm. APARTMENT POTENTIAL 2nd floor w a bathroom
Basement

COMMENTS: Owner plans to re-locate.
Great piece of PROPERTY w/ Full service Restaurant and Bar in place.
All new flooring and new roof.

PERFECT SET-UP for a seasoned chef with family
or
alternately, a DEVELOPER!

Grandfathered in for Business or Residential.

STRONG UPSIDE: Build Current Business or Build Retail of your choice.

Call or email Marie to tour! 978-902-0350 ellesell3@gmail.com

ALL INFORMATION IS FURNISHED BY SELLER; BROKER DOESN’T CERTIFY, WARRANT THIS INFO.

About the Business

Year Established:
2010
Number of Employees:
4-9
Relocatable:
Yes
Real Estate:
Owned
Building Sq. Ft.:
4,418
Facilities:
$100,000 spent on updating!
Market Outlook/
Competition:
Become your own Landlord !
Needs an Experienced Owner/family business or Lease Restaurant to an Experienced owner and collect rent!
Growth & Expansion:
There is a very significant upside to building your profit: Increase Business to Full time, build up bar and catering business, or change to a residential opportunity
Contact the Seller

About the Sale

Reason For Selling:
Owner wants to spend more time w/ family and plans to also move out of country
Training/Support:
2 weeks
Seller Financing:
Approximate R.E. Value

Listing Info

ID:
1471286
Ad Detail Views:
967

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Asking Price:
$510,000

Gross Revenue:
 Not Disclosed
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
$550,000
included in asking price

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Business Listed by

Marie Feudo

New England Restaurant Brokers

 Show Phone Number

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Sponsoring Broker:

Dennis Serpone
New England Restaurant Brokers

U.S. Census Data for Essex County, MA
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Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Essex County, MA
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Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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Report an Issue The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms & Conditions.
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