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    411-415 S Broadway

    Lawrence, MA 01843
    • $1,700,000
    • STATUS: Active
    • MLS #: 72760978
    UPDATED: 233 min ago
    $1,700,000
    • 0
      BEDS
    • 0.26
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Business Opportunity
    Built:
    1924
    County:

    School Ratings & Info

    Listing courtesy of Mike Pettoruto of Century 21 Mclennan & Company.

    Description

    Jim's Original Subs in south Lawrence is for sale! This is for the real estate and the business combined, no lease here! This sale is not due to Covid but actually the contrary. Jim's has not closed down once since March and business is at an all time high due to the fact it was 90-95% take-out and delivery before Covid appeared. And being open until 1 AM helps! This is a turn-key business that will provide instant income. There is no sign of it slowing down as the last 3 yrs have showed a steady increase in sales as well as cash flow. He is willing to train the new buyer and/or allow them to come to the shop and view the day to day operations to verify that the business produces what the records say. He is completely transparent with financials and has all the tax returns and records that will show the succession over the last 3-4 yrs. Buyer will have to sign a non disclosure agreement to view the records. This is a rare opportunity for the right person that is in this industry!

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    The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2021-01-26T00:06:28.773.
    www.dna-realty.com/homes/112205112
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    411-415 S Broadway Lawrence, MA 01843

    • Price: $1,700,000
    • Status: Active
    • Updated: 233 min ago
    • MLS #: 72760978
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.26
    Acres
    1924
    Built
    Neighborhood:
    South Lawrence
    County:
    Essex
    Area:
    South Lawrence
    Property Description
    Jim's Original Subs in south Lawrence is for sale! This is for the real estate and the business combined, no lease here! This sale is not due to Covid but actually the contrary. Jim's has not closed down once since March and business is at an all time high due to the fact it was 90-95% take-out and delivery before Covid appeared. And being open until 1 AM helps! This is a turn-key business that will provide instant income. There is no sign of it slowing down as the last 3 yrs have showed a steady increase in sales as well as cash flow. He is willing to train the new buyer and/or allow them to come to the shop and view the day to day operations to verify that the business produces what the records say. He is completely transparent with financials and has all the tax returns and records that will show the succession over the last 3-4 yrs. Buyer will have to sign a non disclosure agreement to view the records. This is a rare opportunity for the right person that is in this industry!
    Exterior Features

    Parking Spaces 20

    Interior Features

    Basement Yes Restrooms 2

    Property Features

    Business Opportunity Type Restaurant W/Out Liquor Disclosure Yes Disclosures Business And Real Estate Being Sold Together With All Equipment included. Reason For Sale Retirement System Security Utilities Public WaterPublic SewerNatural Gas Zoning 0

    Listing information © 2021 MLS Property Information Network. All information is deemed reliable but should be independently verified.
    Listing provided courtesy of Mike Pettoruto of Century 21 Mclennan & Company.


    The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2021-01-26T00:06:28.773.
     
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    DNA Realty Group | Keller Williams Realty
    138 River Rd #107
    Andover MA, 01810
    Listing courtesy of Mike Pettoruto of Century 21 Mclennan & Company.