Pizza Restaurant by UNH Campus with Absentee Owner Ready to Sell!
Undisclosed Address, Durham, NH 03824
Business Opportunity
for Sale
| Catylist Listing ID: |
30827774 |
| Property Subtypes: |
Food and Beverage
|
| Building Size (RSF): |
See Agent
|
| Sale Price: |
$85,000 |
| In Opportunity Zone? |
Yes |
| Gross Revenue: |
$424,000 (Annual) |
| Cash Flow: |
$0 (Annual) |
| Cash Flow Type: |
Sellers Discretionary Earnings |
| Last Updated: |
1/15/2023 |
Overview / Comments
Opportunity to acquire a long-standing pizza restaurant by the University of New Hampshire Campus. The restaurant is within walking distance to the college campus and is the "go to spot" for students and locals alike. The restaurant has a manager in place and the owner is fully absentee. This is a great chance for an owner operator to take over a fully equipped restaurant for significantly less than completing a similar buildout.
Financials will be provided once an NDA is submitted.
|
Additional Details
| Industry Segment: |
Restaurants |
| Reason for Selling: |
Divestiture |
| Value of Inventory Included ($): |
$0 |
| Value of Furniture, Fixtures, and Equipment ($): |
$40,000 |
| Value of Real Estate Included ($): |
$0 |
| Real Estate Lease Description: |
The business is located in Durham, NH by the University of New Hampshire campus. It's a small pizza restaurant with 54 interior seats and additional seating outside and within walking distance of the college campus. |
| Employee/Labor Description: |
Manager in place along with experienced staff. |
| Mgmt/Training Support Description: |
Seller is willing to assist in support and training. |
| Competition/Market Description: |
There are a few competitors in the market. |
| Growth/Expansion Opportunities: |
Increasing marketing efforts could provide growth in all areas of the business including catering, private events and parties. An owner operator would bring much needed oversight to the business. |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
801 |
20,682 |
49,955 |
| Median Age: |
24.52 |
29.12 |
34.22 |
| Households: |
335 |
5,540 |
18,147 |
|
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