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Please Note : This document Contains Confidential Information.

1. Please do not talk to seller or any employees.

2. Please do not  forward this document anyone else.


3. Violation of any of the disclosures above, you shall be held liable for the damage caused by your action including reasonable attorney’s fees.

Listing ID: 10851
Plaza For Sale with Restaurant
232 Lyman St, Holyoke, MA 01040

Listing Description
Plaza For Sale with Pizza Place. 
Listing price: $695,000
Tenants: Pizza Place (owner occupied), Laundromat, Hair Saloon, Bookkeeper.
Showing: Tuesday only. 
 Building Description
Property Tax: $13,000/year
Parking : 33
Tenants Rent Roll: 
Tenant 1 : Laundromat
Lease term : October 2026 + 5 year option
Tenant Since : 3 months
Rent : $2,040
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Tenant 2 : Pizza Place
Lease term : Owner Occupied
Tenant Since : 33 years
Rent : $2,400 
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Tenant 3 : Hair Salon
Lease term : Month to Month
Tenant Since : 3 years
Rent : $850
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Tenant 4 : Bookkeeper
Lease term : Month to Month
Tenant Since : 8 years
Rent : $425
----
Tenant 5 : Hair Salon Rent 1 office space
Lease term : Month to Month
Tenant Since : August 2021
Rent : $200
----
Tenant 6 : Empty Office Space $500 potential rent
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Tenant 7 : Empty Office Space $500 potential rent
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Tenant 8 : Landlords office. 
Please click below to see Rent Roll 
rent-roll__version_1_.pdf
File Size: 154 kb
File Type: pdf
Download File

Please click below to see Property Condition Report
lyman_property_condition_report.pdf
File Size: 5802 kb
File Type: pdf
Download File


Please click below to see Property Tax
lyman_property_tax.pdf
File Size: 378 kb
File Type: pdf
Download File


Please click below to see Property Assesment
lyman_property_card.pdf
File Size: 597 kb
File Type: pdf
Download File


Please click below to see 2019 and 2020 building tax return
d_action_client_2020_tax_return.pdf
File Size: 4284 kb
File Type: pdf
Download File

d_action_client_2019_tax_return.pdf
File Size: 4283 kb
File Type: pdf
Download File

Laundromat Tenant Copy of Lease
Copy of lease below. Tenant pays water bill, it is not included in rent. 
laundromat_lease_client.pdf
File Size: 9189 kb
File Type: pdf
Download File

Hair Saloon Tenant Copy of Lease
harisaloon_lease_client.pdf
File Size: 1582 kb
File Type: pdf
Download File

Pizza Place Description
If you would like to buy only pizza place not the building. Here is the details.
Listing price (Business Only) : $140,000 
Rent : $2,400/month
Elec and Gas : $1,400/month
Sales : $12,000/week
Sales by Service : %50 pick-up, %30 delivery, %20 dine-in
Sales by Meal : %30 Lunch, %70 Dinner.
Seating Capacity : 70 seats ( Max Capacity 85)
Financing : No Financing - Cash/Certified Check only
Employees : 17 employee + Owner
Employee Breakdown : Payroll Taxes and Workers Comp are not included. 
Cook 1 : 40 hours x $17 per hour
Cook 2 : 40 hours x $17 per hour
Cook 3 : 30 hours x $15 per hour
Cook 4 : 40 hours x $15 per hour
Cook 5 : 15 hours x $13.50 per hour
Cook 6 : 15 hours x $13.50 per hour
Cook 7 : 15 hours x $13.50 per hour
Hostess 1 : 8 hours x $10 per hour
Hostess 2 : 20 hours x $10 per hour
Host 3 : 25 hours x $15 per hour
Manager 1 : 20 hours x $17 per hour
Manager 2 : 20 hours x $17 per hour
Manger 3 : Owner
Driver 1 : 30 hours x  $12 per hour
Driver 2 : 20 hours x $10 per hour
Driver 3 : 20 hours x $10 per hour
Dishwasher 1 : 25 hours x $13.50 per hour
Dishwasher 2 : 12 hours x $13.50 per hour

Disclaimer
​​​​​Information is believed to be reliable. Accuracy not verified; no guarantee, warranty or representations made. It's your responsibility to independently confirm it's accuracy.
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Phone : 860-316-4950​
Web :​​www.ctrestaurantbrokers.com

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