Catylist ID: #30835872
High Quality Restaurant Fit-Up in Desirable Downtown Hillsborough Co....
Undisclosed Address, New Hampshire
Business Opportunity for Sale
|Catylist Listing ID:||30835872|
|Property Subtypes:||Food and Beverage|
|Building Size (RSF):||See Agent|
|Gross Revenue:||$0 (Annual)|
|Cash Flow:||$0 (Annual)|
|Sale Terms:||Cash At Closing Owner would consider some seller financing to qualified & Experienced Buyers|
Overview / Comments
LOCATION, LOCATION, LOCATION
Rare Opportunity to purchase a fully equipped and furnished downtown restaurant fit-up on a busy main rd. This desirable location includes a tastefully designed and comfortable dining room & Outdoor seating with total occupancy of 135. Home to several wildly successful businesses for decades, this facility has an inviting lounge area & regionally recognized as a popular "gathering spot" for locals. With Historic sales of approx. $2.0M Yr. this fully equipped kitchen is Set-up for high volume efficiency.
Highest and Best use for current FF&E Package would be American, Comfort, Tavern and/or Italian fare. At 4,500 Sq. Ft. this Fit-Up is offered at a fraction of the cost of building out a vanilla box, even if you have to mix & match some equipment for conceptual changes
Situated on a high traffic corner in the middle of a very busy business district, this restaurant generates strong drive by business as well as a destination dining. Current Lease is very desirable and below industry occupancy costs. Transaction contingent on Landlord approval.
Furniture, Fixtures & Equipment, Lease assumption & Location Opportunity
Offered @ $425,000
Don't Wait if Looking to Capitalize on 2023 Spring/Summer Seasonal Cash Flow!
|Reason for Selling:||Owner looking to Streamline Businesses with Goal of Retiring|
|Value of Inventory Included ($):||$0|
|Value of Furniture, Fixtures, and Equipment ($):||$0|
|Real Estate Status:||Leased|
|Value of Real Estate Included ($):||$0|
|Real Estate Lease Description:||Desirable Lease Terms For Downtown Main St. Facility $16.00 Sq Ft. $6,000 Mo. Total With Historic Below Industry Occupancy Costs of 5%|
|Employee/Labor Description:||20 Full/Part Time Employees|
|Competition/Market Description:||Unique Concept & Outstanding Location, Location , Location !|
|Growth/Expansion Opportunities:||Capitalizing off New Downtown Revitalization Projects, Catering, Grass Route Marketing|
Driving Directions / Aerial Imagery:
Bird's Eye View | Google Maps | Google Street View
|Proximity:||1 mile||3 miles||5 miles|
Jay DelMonteRE/MAX Innovative Properties
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