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
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
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 firstname.lastname@example.org
ALL INFORMATION IS FURNISHED BY SELLER; BROKER DOESN’T CERTIFY, WARRANT THIS INFO.
About the Business
Number of Employees:
Building Sq. Ft.:
$100,000 spent on updating!
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
Asking Price: $510,000 Gross Revenue: Not DisclosedCash Flow: Not DisclosedEBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed included in asking priceReal Estate: $550,000 included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
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.