Address
100 Confidential, Chelmsford, MA
Price
$ 535,000
Property Attributes
  • MLS#73050888
  • TypeBusiness Op
  • CountyMIDDLESEX
  • CityChelmsford
  • Zip01863
  • StyleRestaurant w/Liquor
  • Price$ 535,000
  • Bedrooms0
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage2900
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description

Well-established great opportunity to own a busy and profitable restaurant/pizzeria/Bar business with full liquor for sale. The restaurant is in a superior location in a Free standing building, on a highly traveled route, with high foot traffic year-round. The place can seat up to 150 people. It has a full liquor license until 1 am ( now open only till 9 pm), lottery/keno, a scratch ticket machine with $80k net income, and a jukebox for some extra income. It comes with all furniture, kitchen equipment, the brand, system, and the website. The average net income is $250,000/Year. Large open kitchen. Kit includes a pizza double conveyor oven- which saves energy-, a vertical oven for the roast beef, a walk-in fridge, 2 freezers, 2 cold/salad stations, 2 fry stations, a large grill, and dough machine, microwave, warmer, and 2 soda fridges. 50+ parking spots. The business was established 28 years ago and has been managed by the same owner since 2017.

Price History
10/21/2022 Listed $600,000
11/5/2022 1% - $599,000
11/23/2022 2% - $590,000
12/9/2022 2% - $580,000
1/21/2023 2% - $570,000
3/7/2023 1% - $569,000
9/19/2023 4% - $550,000
11/14/2023 2% - $540,000
1/11/2024 1% - $535,000

General Features

Utilities Public Water,Public Sewer,Natural Gas Available
Zoning Commercial
Construction Materials Frame
Year Built 1994
Tenant Pays Taxes,Heat,Air Conditioning,Electricity,Sewer,Water,Insurance,Trash Service
Gross Income 1090000
Business Type Restaurant w/Liquor
County Middlesex
Net Operating Income 250000
Property Type Business Opportunity
Status Active
Directions E-mail the listing agent
City Chelmsford
Senior Community Y/N No
Zoning Description Legal Conforming
Lot Size Square Feet 40000
Waterfront Y/N No
Street Name Confidential
Home Warranty Y/N No
Building Area Units Square Feet
Standard Status Active

Interior Features

Total Baths 2

Exterior Features

Building Area Total 2900
Lot Size Units Acres

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Business Op Average in 01863

Price
AVG $540K
$540K
Visits
AVG 556
556
Data Provided by Inside Real Estate®
Year Built
AVG 1994
1994

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