Longtime established family restaurant is looking for new owners to continue the tradition! Business is stable and growing and owners will train and provide support as needed. Take out, but without delivery Easy operation, professional layout. Rent 9000 per month, all included, ($300 increase per year) Lease is place for a smooth transition with over 16 years left on initial terms. .40+ permitted seats 3500 Square Feet, with 40+. High volume sales with years of loyal customers Beer and wine license included. This is the real deal. 20 employees including owners. (7 Fulltime- 13 Parttime) Cash flow positive from day one. All information on location, name and numbers will be provided with signed NDA only. Owner Financing with @50% deposit preferred.
123-ABC Popular Food Stop Way, Norwood, MA, 02062
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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