$1,700,000

Address:411-415 S Broadway

Lawrence, Essex 01843

Status : Currently Active

 

Style :  
Living area : sqft  
Total rooms : No. of Bedrooms :
Full Bath(s) : Half Bath(s) :
Garage(s) : Garage Style :
Basement : No Lot Size : 11350 sqft/ Acre

Property Details : 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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Essential Information

  • MLS® #: 72760978
  • Price: $1,700,000
  • bldg (per sqft.): $
  • Parking spcs:
  • Lot Size : 11350
  • Area : SLW

Community Information

  • Address: 411-415 S Broadway
  • Region: SLW
  • City: Lawrence
  • County: Essex
  • Zip Code: 01843
  • Office Name: Century 21 McLennan & Company

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