Economy
With Fall River Boston Market closed, building goes up for sale
One of the few healthier fast-food options in the City of Fall River has closed and the building has been put up for sale.
The former Fall River Boston Market® building located at 30 12th Street was placed on the market Wednesday for $1,800,000 with the listing stating that the property is vacant.
Back in August, the Fall River Boston Market® was possibly closing after a sign left taped to the front door stated that the location would be shut down permanently on September 3rd unless the company paid over $290,000 in back rent.
The location remained open, however, a sign taped to the drive through on November 1st insinuated that workers were not getting paid.
Courtesy of Stacey
Also in August, WCVB reported that employees at some Boston Market® locations in Massachusetts were stating that they had not been paid in a month among a multitude of lawsuits from suppliers and employees trying to get paid.
The fast-food chain had previously closed the Fall River eatery in early April of 2020 until further notice and reopened in May. The location’s Facebook page had stated at the time that the restaurant was permanently closed, and the corporate website had removed the Fall River Boston Market® from their web page.
Also in May of 2020, Boston Market® announced that it had been acquired by Engage Brands, LLC, one of the Rohan Group of Companies, owned by real estate investor and restaurant operator, Jignesh (Jay) Pandya of Bucks County, Pennsylvania. Engage Brands assumed ownership of Boston Market®, purchasing the brand from affiliates of Sun Capital Partners, Inc. Terms of the private transaction were not disclosed.
Conviser Property Group has listed the property. If you have interest, contact them here.
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George H. Petrin
February 23, 2024 at 1:36 pm
So what’s new in this oligarchical-run country. They pass businesses along to each other in order to obtain write-offs. They write the rules, the politicians in order to maintain their portion of the grift pass the laws that favor the rich. The Supreme Court rules that corporations are “people” not something we were taught in biology class. Capital One is allowed to buy Discover already two of the biggest credit card companies, thus further reducing competition and nary a peep.