Successful Cafe in Upscale Hillsborough Co. Neighborhood

Undisclosed Address, New Hampshire
Business Opportunity for Sale
Catylist Listing ID: 30815049
Property Subtypes: Food and Beverage
Building Size (RSF): 3,500 SF
Sale Price: $399,000
Year Business Established: 2010
Gross Revenue: $1,275,000 (Annual)
Cash Flow: $125,000 (Annual)
Cash Flow Type: Sellers Discretionary Earnings
Sale Terms: Cash @ Closing
Last Updated: 9/9/2022

Overview / Comments

Established and Fully Equipped Southern NH Cafe available for immediate Turn Key sale. This successful, business is located in the business district of a rapidly growing, and desirable section of Hillsborough County.

Front of the House includes a tastefully Fit-Up Dining Room, an Inviting bar serving fresh squeezed Mimosa & Bloody Mary's, Convenient Carry Out Counter and seasonal outdoor seating..

Kitchen has well maintained Full Hood System, Spacious Prep Area, Walk-in Refrigerator, Flat top griddles, Sautee station Etc. and fully stocked with small wares

Currently Open (7) Days 7:00 AM - 2:00 PM this regionally recognized Cafe has seating for 82 & ample parking. Famous for its creative menu selections, Quality ingredients & Value price points, this gathering spot has an team of friendly & efficient employees. This Iconic establishment will Soon be featured on a popular Food TV network.

Perfect opportunity for ambitious Owner operator to continue the success and financial reward of this successful restaurant. Assumable lease contingent on Landlord Approval.

Must See Opportunity & Great Timing to capitalize on 2022 Holiday Season
Business, FF&E & Goodwill offered @ $399,000

Additional Details

Industry Segment: Restaurants
Reason for Selling: Sellers own Multiple Businesses & Scaling back for personal reasons
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Value of Real Estate Included ($): $0
Real Estate Lease Description: Assumable Lease Terms Contingent on Landlord Approval 3,500 Sq. Ft. Ample Parking
Employee/Labor Description: Owner Operated with a Mix of 25 Full & Part Time Employees
Mgmt/Training Support Description: Will assist in transition for (2) Weeks
Competition/Market Description: Great Quality Reasonably Priced with New & Current Menu Trends
Growth/Expansion Opportunities: Catering & Functions
Seller Financing Description: Cash at Closing

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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

Photograph of Listing Agent

Jay DelMonte

RE/MAX Innovative Properties
NECPE Member
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