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


Photograph of Listing Agent

Jay DelMonte

RE/MAX Innovative Properties
NECPE Member
© Copyright 2001-2023 Moody's. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither New England Commercial Property Exchange nor Moody's assume any liability for errors or omissions.