Catylist ID:
#30836173
Desirable Restaurant Concept in Rockingham County Nh
Undisclosed Address, New Hampshire
Business Opportunity
for Sale
| Catylist Listing ID: | 30836173 |
| Property Subtypes: | Food and Beverage |
| Building Size (RSF): | 3,500 SF |
| Sale Price: | $299,900 |
| Year Business Established: | 2021 |
| Gross Revenue: | $635,748 (Annual) |
| Cash Flow: | $0 (Annual) |
| Cash Flow Type: | Sellers Discretionary Earnings |
| Relocatable Business: | Yes |
| Sale Terms: | Cash to Seller upon Closing |
| Last Updated: | 3/10/2023 |
Overview / Comments
|
Unique Opportunity to own an operation where passion for Food, Sports, Drinks & Events all come together. There are many value-adds including- Turnkey Fit-Up - Fully Assembled Team- Guaranteed Business from Organic Traffic & Events at the location – Large comfortable space with high seating capacity (180+ during fair weather months), Sleek Modern Concept. Owners have structured a high quality team including Chef & Kitchen manager in a sports complex poised for growth – 18 Employees (during a nation-wide labor shortage in the industry). Owners plans for '23 to operate 2 other Kitchens in a nearby town owned by same LandLord. Location (opportunity to expand easily), run a commissary kitchen that serves the LandLord's other locations, etc.. Business enjoys a wider array of potential income streams, and far more opportunity to expand than your average restaurant location. Full Kitchen, Bar & Liquor License |
Additional Details
| Industry Segment: | Restaurants |
| Reason for Selling: | Owners to focus on a separate non-restaurant venture that requires their full attention. |
| Value of Inventory Included ($): | $0 |
| Value of Furniture, Fixtures, and Equipment ($): | $0 |
| Real Estate Status: | Leased |
| Value of Real Estate Included ($): | $0 |
| Real Estate Lease Description: | Leased Space in a Sports Complex -- 2500 Sq ft. Dining Area, 500 Sq Ft Indoor Patio ----- 500 Sq Ft outdoor Patio |
| Employee/Labor Description: | 15-20 total employees including Professional Chef, Kitchen Manager, front-end, bartenders & Servers |
| Mgmt/Training Support Description: | Sellers to assist in up-to two week transition period upon closing. |
| Competition/Market Description: | Unique niche, concept, location, guaranteed business all set the operation apart from direct competition. Some area restaurant competition - No competitors at Facility. |
| Growth/Expansion Opportunities: | Increase hours of operation, expand breakfast and lunch offerings, increasing advertising, expand on catering & events, many others- |
| Seller Financing Description: | Some seller finance available for well-qualified offers |
Contact
Jay DelMonteRE/MAX Innovative PropertiesNECPE Member |
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