LOCATION: Tyngsboro & Westford
SELLING PRICE: $495K for both locations or $245k each
DOWN PAYMENT: $100K each
SALES VOLUME: Each location averages $10K–14K/week.
LEASE: Tyngsboro: $9,400/mo. gross Years left: 3 yrs. + (2) 5 yr. options
Westford: $8,200/mo. gross Years left: 6 yrs. + (2) 5 yr. options.
SQUARE FOOTAGE: Tyngsboro: 4,000 sf. Westford: 3,000 sf
HOURS OF OPERATION: 7 days: 11 am - 8 pm
SEATING: Tyngsboro 84 inside
Westford 49 inside 12 outside
COMMENTS: Build out a couple of years ago was close to $2 million. The 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. The staff is very experienced and will stay with the new owner. No competition yet this concept has huge general appeal.