High Volume Rockingham County Full Service Restaurant

Undisclosed Address, New Hampshire
Business Opportunity for Sale
Catylist Listing ID: 30823075
Property Subtypes: Food and Beverage
Building Size (RSF): 2,871 SF
Sale Price: $1,100,000
Year Business Established: 2019
Gross Revenue: $2,450,000 (Annual)
Cash Flow: $750,000 (Annual)
Last Updated: 11/14/2022

Overview / Comments

Must See High Volume Turnkey Italian Restaurant available immediately.
Located on a busy highway in a very desirable community this established & successful business generates top of industry cash flow.

This Highly Visible Free Standing building has easy access off the highway and plenty of parking. The facility is fully equipped, well maintained and has a long term lease with a total occupancy cost of under 5% of revenue.
Along with a comfortable & inviting lounge area, this restaurant has a tastefully fit-up dining room with total occupancy of 93.

This full service, popular gathering spot has a wide variety of quality menu selections including Pizza, Pasta Dishes, Healthy Salads, Signature cocktails and a Kids Menu. Dine In, Carry Out and convenient delivery service available.

Owner Operated with 22 Full or Part time employees this regionally recognized restaurant is tracking Positive Sales over 2021
Equipment package includes both a Walkin Cooler & Walkin Freezer along with (2) Exhaust Hood systems.

Business, FF&E and Goodwill Offered @ $1,100,000

Additional Details

Industry Segment: Restaurants
Reason for Selling: Owners Seeking other Opportunities
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $200,000
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Real Estate Lease Description: Assumable lease terms, $10,000 Month
Employee/Labor Description: Fully staffed; 22 employees- 6 part-time
Mgmt/Training Support Description: Owners will assist in transition, 2 weeks
Competition/Market Description: High quality menu, Desirable location
Growth/Expansion Opportunities: Currently open 6 Days Lunch & Dinner
Seller Financing Description: Cash At Closing Information from sources deemed reliable. No representation from RE/MAX as to accuracy of data.

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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
Photograph of Listing Agent

Kathy MacKinnon

RE/MAX Commercial Innovative Properties
NECPE Member
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