The Importance of Understanding Leases

Leases should never be overlooked when it comes to buying or selling a business.  After all, where your business is located and how long you can stay at that location plays a key role in the overall health of your business.  It is easy to get lost with “larger” issues when buying or selling a business.  But in terms of stability, few factors rank as high as that of a lease.  Let’s explore some of the key facts you’ll want to keep in mind where leases are concerned. The Different Kinds of Leases In general, there are three different kinds of leases: sub-lease, new lease and the assignment of the lease.  These leases clearly differ from one another, and each will impact a business in different ways. A sub-lease is a lease within a lease.  If you have a sub-lease then another party holds the original lease.  It is very important to remember that in this situation the seller is the landlord.  In general, sub-leasing will require that permission is granted by the original landlord.  With a … [Read more...]

Cape Cod Historic Full Service Restaurant & Bar

Barnstable, MA - A household name for decades! This restaurant & tavern business thrives in one of the most scenic areas of Cape Cod.  Boasting an outdoor patio for 40+ patrons and seating inside for over 100.  The old world charm and classic New England fare make this a local and tourist favorite.  Three year average revenue north of $1.1M ! Tremendous growth potential.  Seller will assist in orientation and training in conjunction with sale.  Strong staff in place. Seller financing negotiable. Asking $175,000 email info@tbxllc.com for non disclosure agreement (NDA) and details … [Read more...]

Retail Boat Distribution Company

Massachusetts - This company specializes in the design and distribution of two specific "downeast" style boats. With two unique models to their brand this company is primed for growth.  Established as a "hobby business" ownership seeks to divest to someone who can continue to grow and improve the brand.  Through marketing and dedicated business development the potential is unlimited.  Two proprietary boat molds are included with the sale. Boats are built over seas and seller will assist in transitioning all outside building relationships to a new owner.  Boat building experience is NOT required.  Seller financing available. Asking $99,000 + INVENTORY email Adam Bauer at abauer@tbxllc.com … [Read more...]

Two Well Appointed Mashpee Commercial Condos “Madaket Place”

766 Falmouth Rd. Unit #4 Mashpee, MA - Class A 3,000 SF  (incl basement GLA) commercial condo with meticulous build-out featuring custom word working throughout the unit.  Raised panel cherry wanscoting throughout the unit, multiple cherry built-in book cases, custom trim, custom desks.  Floor plan is ideal for business with multiple executives, ie: CPA, Law Office, financial services etc... 2015 Taxes: $2,954 Asking $125 PSF/ $350,000 This unit is also available to lease for $15 PSF NNN 766 Falmouth Rd. Unit #3 Mashpee, MA Completely remodeled new paint and new carpets ready for your business! Featuring lower level additional square footage for storage (not included in the 2,075 SF ), 2 private upstairs offices with conference room and 3 private offices on the first floor with open reception area. Ideal for many types of businesses. Asking $325,000 Executive office suites also available for lease starting at just $350 per month!   … [Read more...]

Oceanfront Restaurant Opportunity

Plymouth, MA - Harbourtown Plymouth development.  Two second floor restaurant spaces available in this proposed development.  Approximately 6,000 SF being offers with rooftop decks and patios.  Unbelievable opportunity to join the growing Plymouth waterfront! More info coming soon.... Email Adam Bauer at abauer@tbxllc.com for more information … [Read more...]

Hyannis Full Service Traditional Italian Restaurant

Hyannis, MA - FOR LEASE - 3,600 Sq. Ft. space with multiple dining areas and glassed in atrium.  146 Seats. 20'+ bar with 15 barstools.     … [Read more...]

Nor’ Easter Restaurant Hyannis MA

Hyannis, MA - For years 20 Scudder Avenue was home to the landmark "Paddock" Restaurant.  Recently the property went under a complete cosmetic renovation transforming the location to the "Nor Easter".  The restaurant assets are now available for purchase with a leasehold position with favorable terms.  Boasting a newly appointed interior, ample parking, muni water/sewer, full basement, attic storage, new equipment and 5,400 SF make this location prime for many concepts.  Abutting the melody tent gives this location a captive audience in the summer months.  Seating for 230 patrons.  Truly turn key! Email Tom Davis tdavis@tbxllc.com for details.      … [Read more...]

Mixed Use Investment Property Hyannis

    Hyannis, MA - Centrally located Hyannis mixed use investment property boasting 6,884 SF (GLA) on .21 acres located at 67 Willow Ave in Hyannis, Massachusetts.  The property consists of one free standing two story building consisting of two commercial units on the ground floor and three residential apartments on the second floor.  The site is located on a side street adjacent to main street and in close proximity to many of Hyannis amenities. The property has dedicated parking and is on town sewer/water.  Zoned HVB (Hyannis Village Business) the commercial space would be approved for an array of uses.  Currently the property is generating over $54,000 annually.  Offered at an 8.5% CAP rate.       … [Read more...]

Profitable Residential/Commercial Cleaning Company

Lower Cape Cod, MA - ***TEMPORARILY OFF MARKET*** Servicing the mid, lower and outer cape this commercial/residential cleaning company has been operating for 25 years.  Fantastic opportunity to acquire strong performing business in a highly desirable area of Cape Cod.  The business employ's 10-12 year round and up to 35 in the Summer months.  Revenue has increased by over 10% the last few years. Excellent margins and owner can operate passively.  The real estate which this business occupies is also available for purchase. The residential and commercial cleaning business is one of the fastest growing sectors. Dual income families, baby boomers, retirees and seasonal residents contribute to this business niche that continues to show positive growth   email Adam Bauer abauer@tbxllc.com for info   … [Read more...]

Centrally Located Hyannis Mixed Use Investment Property

    Hyannis, MA -Located in the exciting Sherman Square end of Main Street, this mixed use property is composed of 2,718 SF on a prime corner lot with excellent visibility. Street level retail store has ample windows for beautiful display opportunities. Street parking readily available on both sides of the building, both on Main Street and South Street. Upstairs two residential apartments (one studio and one 1 bedroom) provide extra income on this investment property. Perfect for owner occupied business opportunities. Main Street Hyannis has been enjoying a vigorous and exciting surge of investment in the last 10 years. Many investors are flocking to this rediscovered economic  center of Barnstable, realizing the growing interest in smaller independent stores and restaurants. Now a thriving destination for tourism, pedestrians mill around the galleries and shops all summer long, from early morning to late in the evening. It also falls under the GIZ district (Growth … [Read more...]