Exceptional opportunity to acquire a fully operational restaurant with a valuable full liquor license transferable ( subject to local licensing authority approval ). This well established business offers turn-key set up, including equipment, fixtures and business assets This long stand establishment has been a staple in the community for over 50 years with a loyal and consistent customer base. The current owners aren't utilizing the dining room (which seats 40) or the full bar( feat 8 beer taps) , offering new owner opportunity to expand and increase revenue. Lease terms and business transfer subject to landlord approval .Located in a high traffic area with a strong take put presence . Seller willing to consider partial seller financing for qualified buyers, with terms to be negotiated, including a good will component. Available with real estate as well see listing MLS 73414103.
1633 Bay St, Springfield, MA, 01109
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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