Business For Sale

METHUEN-2acres Real Estate w Business only$549,000

Methuen, MA
Essex County

Methuen- just off Rte. 97


Asking Price: Annual Revenue:
$549,000 Not Disclosed

Commercial Real Estate: Retail & Shopping Centers


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RE: METHUEN-2acres Real Estate w Business only$549,000 Broker: Marie Feudo

Quick Facts

Asking Price: $549,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: $549,000
Year Established: 2010
Employees: 7
BBN Listing #: 400319596
Broker Reference #: MF

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Business Overview:


REAL ESTATE & LAND FOR SALE- $549,000 PRICED TO SELL
Make a reasonable offer!

Includes a Business –Your option to Keep Business, Change Concept or change to Other Retail if desired.Real Potential to double,triple sales!

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

LOCATION: 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 2nd floor w a functioning bathroom, Full 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.

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Property Features and Assets:

Nice lot- 80,150 square feet. Owner spent $100,000 to update Plenty of parking, Update apartment and save money in rent or mortgage or update and rent apartment out!

Market Competition and Expansion:

Price is based on the value of the R.E. Business is steady but open only a few hours a week. New owner can choose to increase hours and build up business . Building going on all over the area=More Customers

Reason for Selling:

Moving

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Documents:

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