Catylist ID:
#30859294
Desirable Bedford Area Restaurant & Real Estate
Undisclosed Address, Amherst, NH 03031
Business Opportunity
for Sale
| Catylist Listing ID: | 30859294 |
| Property Subtypes: | Food and Beverage |
| Building Size (RSF): | 8,600 SF |
| Sale Price: | $1,795,000 |
| Gross Revenue: | $2,100,000 (Annual) |
| Cash Flow: | $370,000 (Annual) |
| Cash Flow Type: | Sellers Discretionary Earnings |
| Sale Terms: | Cash @ Closing |
| Last Updated: | 11/11/2023 |
Overview / Comments
|
Successful and Profitable Breakfast & Lunch Gathering Spot For Sale. This Long Standing Business has Great Visibility & located on a Very Busy numbered Highway. This Regionally Recognized Restaurant serves Lunch Mon.-Weds. and Brunch on weekends. Local Favorite & Destination Stop featuring "Hand Made" from Scratch Menu & Baked Goods! Supporting Real Estate is on 2.5+ Acres of very desirable Land. This 8,600 Sq. Ft. Building features Dine In Seating and extremely strong Carry Out & Catering Business. With a 5 yr Average Sales volume of over $2.1M this Iconic Business cash flows over $370K Rare Opportunity to Own an ICONIC & Profitable Business with Long Term Appreciating Real Estate Equity Owner would sell Business for $595,000 with Lease of $11,000 Mo.Total With Option to purchase Real Estate |
Additional Details
| Industry Segment: | Restaurants |
| Reason for Selling: | Owner retiring after many successful decades in the business |
| Value of Inventory Included ($): | $0 |
| Value of Furniture, Fixtures, and Equipment ($): | $595,000 |
| Value of Real Estate Included ($): | $1,200,000 |
| Employee/Labor Description: | 20 Full & Part Time Employees |
| Mgmt/Training Support Description: | Owner will assist in transition process |
| Competition/Market Description: | Conceptually Unique No Real Local Market Competition |
| Growth/Expansion Opportunities: | Increase Pricing, Expand Menu Options & Bakery Offerings, Hours of Operation, Expand delivery, Gift Cards & Advertising, Events & Catering, Etc.. |
| Seller Financing Description: | Owner would Consider some Seller Financing to Experienced & Qualified Buyer |
Contact
Jay DelMonteRE/MAX Innovative PropertiesNECPE Member |
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