Train Themed Family Restaurant

Business Opportunity for Sale
Catylist Listing ID: 30802274
Property Subtypes: Food and Beverage
Building Size (RSF): 6,122 SF
Sale Price: $650,000
Name of Establishment: GLEN JUNCTION RESTAURANT
Year Business Established: 1985
Gross Revenue: $0 (Annual)
Cash Flow: $0 (Annual)
Last Updated: 5/11/2022

Overview / Comments

The Glen Junction Restaurant is a train themed family breakfast restaurant established in 1985. Known for the model trains running around the ceiling and their thin and crispy pancakes and homemade hash this is a family favorite on the way to Storyland just 1/2 a mile up the street or Attitash ski area 3 miles away. List agent is also the owner and loves the building but does not have the time this business truly deserves. Owner willing to stay on for training. Partial owner financing will be considered.

Additional Details

Nearest MSA: Berlin
County: Carroll
Industry Segment: Restaurants
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Real Estate Lease Description: Lease is up for renegotiation as part of the sale.
Mgmt/Training Support Description: Owner will stay on for a negotiable period to train new owners/managers
Competition/Market Description: With 150+ seats this restaurant has more seating capacity than any of the local competitors.
Growth/Expansion Opportunities: Currently only serving breakfast and lunch. Major upside potential for someone also interested in adding dinner.
Seller Financing Description: Negotiable

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 1,124 5,429
Median Age: 49 48.52
Households: 550 2,574

Contact

Photograph of Listing Agent

Joshua Cahill

Century 21 Northeast
NECPE Member
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