Successful Pizza Restaurant w/ Liquor License for Sale + RE +FFE

Undisclosed Address, New Hampshire
Business Opportunity for Sale
Catylist Listing ID: 30716105
Property Subtypes: Food and Beverage
Building Size (RSF): 2,501 SF
Sale Price: $680,000 - 68,000
Name of Establishment: Withheld
Gross Revenue: $757,943 (Annual)
Cash Flow: $257,259 (Annual)
Cash Flow Type: Sellers Discretionary Earnings
Last Updated: 8/30/2021

Overview / Comments

Fantastic opportunity to own a successful pizza restaurant with liquor license in the North Country. History of strong sales, excellent customer reviews, and happy employees (4.3/5 stars given on Indeed.com).

This turn key restaurant has been in operation for over 8 years with ongoing success. Over $750k in gross revenue in 2020. Sale includes business, proprietary dough recipe, all furniture, fixtures and equipment and the real estate. Seller will work with new owner to transition.

Real Estate included is a +/-2,500 square foot building with drive thru window situated on just under a half an acre with adequate parking that can accommodate RVS, campers, and other large vehicles. Parking lot newly resurfaced 2021. Indoor and outdoor dining. Includes three built-in walk-in coolers. Located just off lighted intersection of two main/busy state highways.

Confidential Listing. NDA required.

Additional Details

Industry Segment: Restaurants
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $73,540
Real Estate Status: Real Property
Value of Real Estate Included ($): $150,000
Employee/Labor Description: Approximately 4-5 full time employees (32hr/wk) with additional help from local high school and college students on break.
Mgmt/Training Support Description: Manger related to seller. Seller will work with new owner to transition management and business operations to new buyer.
Competition/Market Description: There are three pizza related restaurants in the area, one being the subject business. Both focus more on in-dining with a sit down/Italian restaurant type feel. Subject business is more take out, subs, sandwiches, and on the go. The other locations do not have a drive thru window.
Growth/Expansion Opportunities: This business could be expanded to other locations in the North County and beyond.
Seller Financing Description: Not offered at this time.

Contact

Photograph of Listing Agent

Nicole Janice Canavan

O'Rourke Realty
NECPE Member
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