Peabody/Salem~~Breakfast & Lunch
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SELLING PRICE: $195K DOWN PAYMENT: $100K
SALES VOLUME: $15K/wk. Percentage Delivery: 30%
LEASE: $4K/mo. (including NNN) only 6% of sales 4 Years left: New Lease at the end
SQUARE FOOTAGE: approx. 1,800 sf.
HOURS OF OPERATION: mostly 7AM to 2PM, (closed Sun.)
SEATING: 24 inside 25 outside (large patio)
REASON FOR SELLING: Retiring
COMMENTS: WHAT’S BETTER THAN A CAPTIVE AUDIENCE? Located in a huge business park area. This is the first time in 11 years where this beautiful business has become available. Known for its high quality and fast service, customers come from long distances for this great place…all your usual breakfast items and the BEST of lunch items. Built at a cost of over $350,000, all you need is $100K to benefit from what’s being offered. If you have the experience and a desire to be your own boss, call for a tour.
SALES VOLUME: $15K/wk. Percentage Delivery: 30%
LEASE: $4K/mo. (including NNN) only 6% of sales 4 Years left: New Lease at the end
SQUARE FOOTAGE: approx. 1,800 sf.
HOURS OF OPERATION: mostly 7AM to 2PM, (closed Sun.)
SEATING: 24 inside 25 outside (large patio)
REASON FOR SELLING: Retiring
COMMENTS: WHAT’S BETTER THAN A CAPTIVE AUDIENCE? Located in a huge business park area. This is the first time in 11 years where this beautiful business has become available. Known for its high quality and fast service, customers come from long distances for this great place…all your usual breakfast items and the BEST of lunch items. Built at a cost of over $350,000, all you need is $100K to benefit from what’s being offered. If you have the experience and a desire to be your own boss, call for a tour.
About the Business
- Years in Operation
- 11
- Employees
- 15 (2 Full-time, 13 Part-time)
- Currently Relocatable
- Yes
- Facilities & Assets
- Located in a strip mall within a very large office park on the north shore of Boston
Very clean and efficient operation with a well laid out counter service area and kitchen with a dining area that seats about 30 - Market Outlook / Competition
- Very little in the area
- Opportunities for Growth
- More catering, prepared foods and open Sundays
About the Sale
- Seller Motivation
- Retiring due to Family Health issues
- Transition Support
- as needed
- Financing Options
- $100k Down w/Bal.at 6% for 3 Years
Listing Info
- ID
- 2482285
- Listing Views
- 26
Attached DocumentsAttachment Disclaimer
Listing ID: 2482285 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 of Use. Learn how to avoid scams.
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