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.

View FullscreenMap

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
© Copyright 2001-2023 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither New England Commercial Property Exchange nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.