1617 Concord St Framingham, MA 01701-3532
- Turn key restaurants
- 1,200 SF
- 0.09 lot acres
Current Use by Public Records
- Brazilian family Bakery / Bakery / Confectionery Store
Property Details for 1617 Concord St
- Year built
- 1942
- Construction
- FRAME
- Lot size
- 0.09 lot acres
- Property size
- 1,200 SF
- Zone code
- B-1
- Property type
- Turn key restaurants
- APN
- FRAM M:050 B:33 L:4331 U:000
- APU
- FRAMM050B33L4331U000
Description
This exceptional business opportunity presents the chance to acquire a well-established and highly profitable Brazilian family bakery located in a prime business intersection of North Framingham, a rapidly growing area within Boston's MetroWest region. Operating successfully since January 2022, this bakery boasts a substantial and loyal customer base, built upon consistent high-quality products and excellent service. Currently employing eight staff members (five front-of-house and three in the back), the bakery operates with extended hours, from 5:30 AM to 9:00 PM, offering significant potential for further expansion. The sale includes all equipment, which is entirely paid off, eliminating any outstanding debt. A significant portion of revenue is generated through a thriving delivery service, further highlighting the business's strong operational foundation and growth potential. The current lease is long-term and features a low monthly rent, ensuring financial stability and minimizing overhead costs. This turnkey operation offers immediate income generation and substantial room for expansion, making it an unparalleled investment opportunity in the thriving Framingham market. A confidentiality agreement is required before any further information is disclosed. Serious inquiries only.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $225,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $200,000
- 6.5%
- $185,000
- 7%
- $190,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $200,000
- Geo Method
- $200,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $200,000
- Retail
- $190,000
- Mixed-Use
- $180,000
- Hospitality
- $175,000
- Educational
- $165,000
- Residential Income
- $165,000
- Energy
- $185,000
- Income-Based Land
- $160,000
- Food Service
- $190,000
Location Insight
- Map
- Local Demand
- City
- Framingham
- County
- Middlesex
- State
- Massachusetts
- Longitude
- -71.3992
- Latitude
- 42.3246
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA