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.

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.

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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
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