Catylist ID:
#30823075
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: | 3/20/2023 |
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. |
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
Jay DelMonteRE/MAX Innovative PropertiesNECPE Member ![]() Kathy MacKinnonRE/MAX Commercial Innovative PropertiesNECPE Member |
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