Catylist ID:
#30876535
Full-Service Restaurant & Cafe for Sale in Portsmouth, NH
Undisclosed Address, Portsmouth, NH 03801
Business Opportunity
for Sale
| Catylist Listing ID: | 30876535 |
| Property Subtypes: | Food and Beverage |
| Building Size (RSF): | 3,000 SF |
| Sale Price: | $215,000 |
| Gross Revenue: | $580,000 (Annual) |
| Cash Flow: | $156,000 (Annual) |
| Cash Flow Type: | Sellers Discretionary Earnings |
| Sale Terms: | Sales price includes all FF&E and excludes cash, receivables and payables. |
| Last Updated: | 9/15/2024 |
Overview / Comments
|
This well-known café/restaurant has been a popular spot for breakfast and lunch for years. It’s in a high traffic location with off-street parking and a large local following. The café is one of only a few restaurants serving breakfast in the area. It is locally owned and operated. It has a loyal following, long-term staff and is known for quality food served at reasonable prices. Great opportunity for a buyer looking for a turnkey breakfast & lunch café with a track record of success. NDA must be completed before confidential details are provided. |
Attachments & Media
Additional Details
| Industry Segment: | Restaurants |
| Reason for Selling: | Divestiture |
| Value of Inventory Included ($): | $3,500 |
| Value of Furniture, Fixtures, and Equipment ($): | $66,000 |
| Real Estate Status: | Leased |
| Value of Real Estate Included ($): | $0 |
| Real Estate Lease Description: | The restaurant is approximately 3,000 +/- square feet. It is highly visible with lots of drive-by-traffic and ample parking. It serves breakfast and lunch only and has long-term lease in place. |
| Employee/Labor Description: | Experienced staff in place. |
| Mgmt/Training Support Description: | Seller is willing to stay on to assist in support and training for a limited time. |
| Growth/Expansion Opportunities: | There are opportunities for growth which are outlined by the Seller in the confidential package. |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 10,692 | 27,268 | 41,786 |
| Median Age: | 41.78 | 42.04 | 42.78 |
| Households: | 5,379 | 12,918 | 18,988 |
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