MAJOR PRICE DROP Tyngsboro/Westford Fast-Food Shop

Business Overview:

LOCATION: Tyngsboro & Westford

 

SELLING PRICE:   $495,000 for both locations or $245k EACH      DOWN PAYMENT: $100,000 each

 

SALES VOLUME:  Each location averages $10,000 - $14,000/week

                                               

LEASE:  Tyngsboro: $9,400/month gross                   Years left: 3 years + (2) 5 year options

                 Westford:   $8,200/month gross                   Years left: 6 years + (2) 5 year options

 

SQUARE FOOTAGE:      Tyngsboro: 4,000 square feet.       Westford: 3,000 square feet

 

HOURS OF OPERATION:  7 days: 11am - 8 pm

 

SEATING:  Tyngsboro   84 inside                 

                       Westford    49 inside                       12 outside             

 

COMMENTS:  Build out a couple of years ago was close to $2 million. Absentee owner is shifting his interests to real estate providing a seasoned operator with a unique opportunity…franchise the concept (docs are prepared) or sell off one unit. SBA financing is readily available. Both locations are located in large shopping centers. Staff is very experienced and will stay with new owner. NO COMPETITION yet this concept has huge general appeal.

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Property Features and Assets:

Build out a couple of years ago was close to $2 million.

Market Competition and Expansion:

None yet but this concept has huge general Appeal, or easily convert to your own concept.

Reason for Selling:

Other projects need more attention

Additional Details:

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