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: 11/14/2022

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.

View FullscreenMap

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 2,408 3,962
Median Age: 47.05 44.97
Households: 1,098 1,837

Contact

© Copyright 2001-2022 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither New England Commercial Property Exchange nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.