"Investment Opportunity" at the Derry Traffic Circle!

Business Opportunity for Sale
Catylist Listing ID: 30859978
Property Subtypes: Food and Beverage
Building Size (RSF): See Agent
Sale Price: $965,000
In Opportunity Zone? Yes
Name of Establishment: Lobster Claw ll
Year Business Established: 1985
Gross Revenue: $0 (Annual)
Cash Flow: $0 (Annual)
Sale Terms: Cash at closing.
Last Updated: 11/17/2023

Overview / Comments

LOCATION! LOCATION! LOCATION! AT THE BUSY DERRY TRAFFIC CIRCLE! Lobster Claw ll has been in this successful seafood business for 38 years. (Prior to this location being a successful seafood dine-in/take out restaurant, it was the Brookside Ice Cream drive-in for 34 years) So this location the has over 72 years of successful food service operations being located here! Besides the active take-out business, this building has 32 seats for indoor dining. Operating year-round, there are also picnic tables outside for patrons to enjoy the babbling brook that runs along the back of the property. On city water and city sewer, with ample parking, you can't beat this property..Owner retiring. Call today for a private showing. Upon signing a non-disclosure statement, you will receive the impressive number history on this business. Wilma Willson, Elite CRL Realty, 603-505-6460.

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Rockingham
Industry Segment: Restaurants
Reason for Selling: Owner retiring and family situation change.
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Real Estate Status: Real Property
Value of Real Estate Included ($): $525,000
Employee/Labor Description: some long time employees and some newer hires
Mgmt/Training Support Description: Owner and manager on site.
Competition/Market Description: NO COMPETITION! Derry is a town of 36,000 people with several villages within 10 miles that have NO seafood establishments either.
Growth/Expansion Opportunities: Some possibilities.
Seller Financing Description: None at this time.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,701 36,266 65,266
Median Age: 36.55 38.78 39.25
Households: 2,916 13,935 23,953


Photograph of Listing Agent

Wilma Willson

Elite CRL Realty
NECPE Member
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