This is your chance to seize this rare opportunity to lease or own a well-established and profitable restaurant in a prime location in Billerica! This restaurant has a reputation for excellent food, great customer service and a loyal local following! This venue has 144 person occupancy and offers a full bar with several TV’s and lottery as well as a dining room. This turnkey business presents a unique opportunity for an entrepreneur looking to step foot into a successful business. Included in the sale and adjacent to the restaurant is a 968 sq ft, 3 bedrooms, 1 bath, single family home perfect for an investor or to owner occupy allowing you to be close to the business as well as adjacent parking lot. The business is priced competitively based on its strong financial performance, prime location, and reputation. Financials available upon request to qualified buyers.
838 Boston Rd, Billerica, MA, 01821
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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