This property sold for 52.0% below the original asking price.
The property spent 34 days on market before selling.
This is a fantastic opportunity for anyone interested in the bakery business! Owning or leasing to own a profitable bakery with an established customer base and the support of the current owner and employees can be a great way to start or expand a bakery venture. Here are some key points to consider:1.Ownership Options: You have the option to either buy the bakery outright or choose a lease-to-own arrangement. This flexibility can suit different financial situations and business goals.2.Retiring Owner: The fact that the current owner is looking to retire indicates that the bakery is likely a well-established and successful business. This can provide a stable foundation for a new owner.3.Full Inventory and Customer List: Having access to a detailed inventory list and an existing customer base is a significant advantage.4.Financial Information: Tax returns available, Owner Training, Employee Continuity, Favorable lease terms $3,600/ Mo for 2000 sf. Option 2 buy it outright !
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| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 06/26/2024 | 🏷️ Previously Sold | $2,700,000 | - | - | MLS #73214626 |
| 01/08/2024 | ✓ Sold | $72,000 | - | - | Property sold |
| 12/04/2023 | 🏠 Listed for Sale | $149,900 | - | - | Original listing |
| Year | Taxes | Assessment |
|---|---|---|
| Tax history not available | ||
West Peabody
4 Lake Street, Peabody MA 01960
Peabody, MA 01960
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