Catylist ID:
#30777884
Portsmouth, NH Restaurant and Café in a High Traffic Location - Bring...
Undisclosed Address, Portsmouth, NH 03801
Business Opportunity
for Sale
| Catylist Listing ID: | 30777884 |
| Property Subtypes: | Food and Beverage |
| Building Size (RSF): | 1,760 SF |
| Sale Price: | $95,000 |
| Gross Revenue: | $435,000 (Annual) |
| Cash Flow: | $65,000 (Annual) |
| Cash Flow Type: | Sellers Discretionary Earnings |
| Sale Terms: | Asking price is $125,000 and Includes furniture, fixtures and equipment, dba, website, and phone number. |
| Last Updated: | 3/18/2023 |
Overview / Comments
|
Opportunity to acquire a small restaurant and cafe in a high traffic area with off-street parking. The restaurant is currently operating and has a full kitchen with hood and grease trap and two bathrooms. The dining room has 25 seats and is setup to accommodate frequent takeout orders. It is located in a busy area nearby many businesses and residential neighborhoods. The building is highly visible and would be an ideal location for a number of different restaurants concepts such as: breakfast/lunch cafe; Pizza; Smoothie/cafe, fast casual takeout and more. To receive additional information on this opportunity, please complete the attached Non-Disclosure Agreement and return to info@FirstStreetBB.com. |
Attachments & Media
Additional Details
| Industry Segment: | Restaurants |
| Reason for Selling: | Retirement |
| Value of Inventory Included ($): | $0 |
| Value of Furniture, Fixtures, and Equipment ($): | $0 |
| Real Estate Status: | Leased |
| Value of Real Estate Included ($): | $0 |
| Real Estate Lease Description: | 1,760 +/- square feet of usable space in Portsmouth, NH. The interior seating count is for 25 and there is off-street parking. The current rent is $3,000 per month plus utilities. Lease option takes it out to Feb 28, 2027 |
| Employee/Labor Description: | Experienced staff in place. |
| Mgmt/Training Support Description: | Owner willing to assist in transition. |
| Growth/Expansion Opportunities: | Plenty of growth opportunities exist depending on the Buyer and restaurant concept. |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 10,692 | 27,268 | 41,786 |
| Median Age: | 41.78 | 42.04 | 42.78 |
| Households: | 5,379 | 12,918 | 18,988 |
| © Copyright 2001-2023 Moody's. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither New England Commercial Property Exchange nor Moody's assume any liability for errors or omissions. |
