Well-Established Restaurant in Lawrence, MA
Business Description
WELL-ESTABLISHED RESTAURANT IN LAWRENCE, MA
Turnkey restaurant opportunity in the heart of Lawrence's busiest commercial district on Broadway. This longstanding establishment has been serving the community since 1991, building a loyal customer base over more than three decades of continuous operation.
BUSINESS OVERVIEW:
• Established: 1991 (33+ years in operation)
• Location: Broadway - Lawrence's premier commercial street
• Building: 2,800 square feet of leased space
• Staff: 8 employees
• Annual Cash Flow: $328,000 (Seller's Discretionary Earnings)
• Asking Price: $358,000
KEY FEATURES:
• Spacious dining area with inviting atmosphere
• Modern, fully-equipped commercial kitchen
• Walk-in freezers and comprehensive restaurant equipment
• Known for authentic cuisine and strong community presence
• Loyal, established customer base
• Prime location on Lawrence's busiest commercial street
FINANCING & SUPPORT:
• Exceptional seller financing: 70% of purchase price financed by seller
• Only $107,400 cash down required
• One month of training provided by seller
• Turnkey operation - ready for immediate takeover
This represents a rare opportunity to acquire a profitable, well-established restaurant with minimal cash investment. The seller's generous financing terms make this accessible to qualified buyers seeking to enter or expand in the restaurant industry.
The business benefits from decades of community goodwill, a proven operational model, and a strategic location in Essex County's commercial hub. With strong cash flow and comprehensive seller support, this restaurant is positioned for continued success under new ownership.
Reason for sale: Owner relocating. All equipment, fixtures, and operational assets included in the sale price.
Turnkey restaurant opportunity in the heart of Lawrence's busiest commercial district on Broadway. This longstanding establishment has been serving the community since 1991, building a loyal customer base over more than three decades of continuous operation.
BUSINESS OVERVIEW:
• Established: 1991 (33+ years in operation)
• Location: Broadway - Lawrence's premier commercial street
• Building: 2,800 square feet of leased space
• Staff: 8 employees
• Annual Cash Flow: $328,000 (Seller's Discretionary Earnings)
• Asking Price: $358,000
KEY FEATURES:
• Spacious dining area with inviting atmosphere
• Modern, fully-equipped commercial kitchen
• Walk-in freezers and comprehensive restaurant equipment
• Known for authentic cuisine and strong community presence
• Loyal, established customer base
• Prime location on Lawrence's busiest commercial street
FINANCING & SUPPORT:
• Exceptional seller financing: 70% of purchase price financed by seller
• Only $107,400 cash down required
• One month of training provided by seller
• Turnkey operation - ready for immediate takeover
This represents a rare opportunity to acquire a profitable, well-established restaurant with minimal cash investment. The seller's generous financing terms make this accessible to qualified buyers seeking to enter or expand in the restaurant industry.
The business benefits from decades of community goodwill, a proven operational model, and a strategic location in Essex County's commercial hub. With strong cash flow and comprehensive seller support, this restaurant is positioned for continued success under new ownership.
Reason for sale: Owner relocating. All equipment, fixtures, and operational assets included in the sale price.
About the Business
- Years in Operation
- 34
- Employees
- 8
- Facilities & Assets
- -Turnkey Restaurant in the Heart of Lawrence, MA. Prime opportunity to own a well-established restaurant located in "Broadway " the busiest commercial Street in the City. A longstanding restaurant in Lawrence, MA that has been serving the community for decades. This fully operational business is known for its loyal customer base, inviding atmosphere and authentic cuisine. Spacious dining,modern kitchen equipment. Walk in freezers and many more assessts are all included in the sale. Text Albania Perez for details 978-908-0099
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,800
About the Sale
- Seller Motivation
- Seller is relocating.
- Transition Support
- Seller provide 70% financing and one months training.
- Financing Options
- Seller is financing 70% of purchase price
Listing Info
- ID
- 2399660
- Listing Views
- 218
Attached DocumentsAttachment Disclaimer
Listing ID: 2399660 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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