Catylist ID:
#30866602
Bobola's Restaurant, Nashua Nh
Undisclosed Address, New Hampshire
Business Opportunity
for Sale
| Catylist Listing ID: | 30866602 |
| Property Subtypes: | Food and Beverage |
| Building Size (RSF): | 2,880 SF |
| Sale Price: | $299,000 |
| Name of Establishment: | Bobola's Restaurant |
| Year Business Established: | 2017 |
| Gross Revenue: | $669,000 (Annual) |
| Cash Flow: | $70,000 (Annual) |
| Cash Flow Type: | Sellers Discretionary Earnings |
| Relocatable Business: | Yes |
| Sale Terms: | Cash to Seller @ Close |
| Last Updated: | 4/25/2024 |
Overview / Comments
|
This popular Family Restaurant has built an extremely loyal customer base over 7 years of business at the location. Creative & high quality menu offerings are the backbone of the business, from home-style cooking, fresh seafood, unique Breakfasts, drinks, etc.. Currently open 5 days/wk., Fit-up includes Full Kitchen, Bar, Liquor license & Keno. Hard to beat opportunity in the area for new operator to continue the goodwill and expand business with their own unique fingerprint. Pre Covid Revenue of $700K+ has (3) Yr average Over $500K Fantastic opportunity for serious restaurateur to capitalize on the tried & true concept, unique menu, high quality fit-up, and popularity established by this well-run operation. |
Additional Details
| Industry Segment: | Restaurants |
| Reason for Selling: | Owners Consolidating Multi Restaurant Portfolio for Family Reasons |
| Value of Inventory Included ($): | $0 |
| Value of Furniture, Fixtures, and Equipment ($): | $0 |
| Real Estate Status: | Leased |
| Value of Real Estate Included ($): | $0 |
| Real Estate Lease Description: | $4,400.00 (including NNN) - 4 yrs current lease remaining with (1) 5yr option |
| Employee/Labor Description: | 6 Full time and 4 Full time Employees |
| Mgmt/Training Support Description: | Owner to assist in a 2 week transition, training as necessary. |
| Competition/Market Description: | Some Area competition for dinner. Very little breakfast/lunch competition which has become the focus of the Establishment, and a popular local favorite |
| Growth/Expansion Opportunities: | Increase Hours, menu items, pricing, mailers, events, catering, etc.. |
| Seller Financing Description: | Some Seller Finance Considered for strong offers from well Qualified Buyers |
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
Jay DelMonteRE/MAX Innovative PropertiesNECPE Member |
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