Successful Pizzeria in Northern NH!
Business Opportunity
for Sale
| Catylist Listing ID: |
30803162 |
| Property Subtypes: |
Food and Beverage
|
| Building Size (RSF): |
2,500 SF
|
| Sale Price: |
$895,000 |
| Name of Establishment: |
Gorham House of Pizza |
| Business Website Address: |
www.ghopnh.com |
| Year Business Established: |
2013 |
| Gross Revenue: |
$0 (Annual) |
| Cash Flow: |
$0 (Annual) |
| Sale Terms: |
Cash to Seller |
| Last Updated: |
3/21/2023 |
Overview / Comments
|
Very successful family owned and operated Pizzeria in Northern New Hampshire. Located in an extremely well maintained 2,500+/- SF building on .484+/- acres and serviced by municipal water and sewer and 400 AMP electrical service. The lot is paved with ample parking for cars and trailers. The restaurant offers take out, grab and go items, a well appointed and comfortable eat in area inside and outside dining during the warmer months. A bonus during these times of Covid times is a drive up window which is always manned with a separate POS system at that station. The menu is extensive with many regular favorites as well as daily specials including salads, pizza, subs and yummy desserts. The kitchen area itself is large and well organized with ample room to work in a fast paced environment. The equipment is clean, well maintained with a list of included and excluded items available for review. Offering includes real estate, FF&E, training and a non-compete agreement. Inventory at the time of sale shall be in addition to the purchase price.
|
Additional Details
| Nearest MSA: |
Berlin |
| County: |
Coos |
| Industry Segment: |
Restaurants |
| Reason for Selling: |
Retirement |
| Value of Inventory Included ($): |
$0 |
| Value of Furniture, Fixtures, and Equipment ($): |
$100,000 |
| Real Estate Status: |
Real Property |
| Value of Real Estate Included ($): |
$425,000 |
| Employee/Labor Description: |
In addition to the owners, there are four full time employees and four part time employees. This number, typically, changes during the summer months. |
| Mgmt/Training Support Description: |
Seller shall provide transitional services of up to 21 days following closing at no additional cost |
| Competition/Market Description: |
The general area is a solid mix of year round residents and tourists. The business location is on NH's busy Route 2 which offers travelers the option to drive in and enjoy a family friendly dining experience or a quick drive through/pick up. A Super Walmart is 5 minutes away and is, of course, a draw for the area. Other in the general area include a McDonalds and some smaller Mom and Pop type eateries. |
| Growth/Expansion Opportunities: |
At the present time, the Sellers have chosen to close Mondays and Tuesdays. A new owner may want to consider remaining open during those days during the summer and fall foliage months. |
Demographic Statistics
| Proximity: |
3 miles |
5 miles |
| Total Population: |
2,408 |
3,962 |
| Median Age: |
47.05 |
44.97 |
| Households: |
1,098 |
1,837 |
|
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