Extremely successful, well established turnkey breakfast & lunch restaurant just outside Stoneham Center — a beloved local destination owned by a respected town family. Recent updates throughout the past three years; all fixtures, furnishings and equipment included. Significant upside: current operation does not utilize its full liquor license and is not open for dinner, creating immediate revenue expansion opportunities. Approvals for residential developments of 70+ condos/apartments are just a 30 second walk away, and planned Town Square revitalization will further boost foot traffic. Key features-Proven, profitable neighborhood eatery with strong local reputation-All FF&E included in sale-Liquor license* in place (transfer may require background checks/re application)-Not currently open for dinner — ready for concept expansion-70+ new residences adjacent; Town Square revitalization upcoming-Recent updates completed within last 3 years
9999999999 Main Street, Stoneham, MA, 02180
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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