Profitable Downtown Pub & Restaurant Fit-Up in Greater Nashua Area

Undisclosed Address, New Hampshire
Business Opportunity for Sale
Catylist Listing ID: 30832582
Property Subtypes: Food and Beverage
Building Size (RSF): See Agent
Sale Price: $349,000
Year Business Established: 2020
Gross Revenue: $850,000 (Annual)
Cash Flow: $135,000 (Annual)
Cash Flow Type: Sellers Discretionary Earnings
Relocatable Business: Yes
Sale Terms: Cash to Seller @ Close
Last Updated: 3/24/2023

Overview / Comments

Profitable Bar & Fully Equipped Restaurant Fit-up in a well located scenic downtown area. Opportunity to lease this split-level building offering two unique concepts- pub on the first floor and a classic "Americana" themed restaurant on the second. Easily considered one of the best retail locations in this popular downtown.

The Pub is currently open 5 days a week with 4 full and 6 part-time employees; offering pub menu and drinks. Favorite area gathering spot for Local live music and karaoke. Lounge has Seating for 45 and 20 seasonal patio seats.

The Currently closed 2nd Floor Restaurant has a fully equipped kitchen, tastefully Fit-Up Dining Room and seating for 59 . Many possibilities for Owner / Operator to grow revenue by maximizing & freshening Up 2nd Floor Space as an extension of the Lounge.

This desirable Business, Fit-Up Location ids Prime for a Creative operator to make this a $1.2M + Revenue & Great Owner Cash Flow Opportunity.

Additional Details

Industry Segment: Restaurants
Reason for Selling: Owner is consolidating after starting and operating several unique and succesful concepts.
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: Base rent at $4,300 / mo
Employee/Labor Description: 4 Full; 6 Part Time employees
Mgmt/Training Support Description: Owner to assist in 2 wk transition period upon closing

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,950 25,218 46,270
Median Age: 42.09 40.47 40.58
Households: 664 10,148 18,771

Contact

Photograph of Listing Agent

Jay DelMonte

RE/MAX Innovative Properties
NECPE Member
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