Successful Restaurant & Bar - Busy Location !!!

Undisclosed Address, New Hampshire
Business Opportunity for Sale
Catylist Listing ID: 30257243
Property Subtypes: Food and Beverage
Building Size (RSF): 15,000 SF
Sale Price: $799,000
Year Business Established: 1994
Gross Revenue: $1,302,370 (Annual)
Cash Flow: $205,960 (Annual)
Cash Flow Type: Sellers Discretionary Earnings
Sale Terms: Cash Out
Last Updated: 3/6/2020

Overview / Comments

This restaurant has been open in New Hampshire for more than 25 years. Many customers are repeat customers due to the quality of the food and the service provided. The restaurant is highly visible on a busy Main road with plenty of parking available for more than 62 cars. There is many factors that make this an excellent opportunity - Location, Established Name, Loyal Clientele, and profitable.

Attachments & Media

Additional Details

Industry Segment: Restaurants
Reason for Selling: Retirement
Value of Inventory Included ($): $12,000
Value of Furniture, Fixtures, and Equipment ($): $895,000
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Real Estate Lease Description: 10 Year Lease
Employee/Labor Description: 20 ft 7 pt
Mgmt/Training Support Description: 2 Weeks
Competition/Market Description: This restaurant is successful despite area competition
Growth/Expansion Opportunities: The Business also Brews its own Beer and Distills Hard Liquor - this could be majorly expanded

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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


Photograph of Listing Agent

Joe Howell

Coco, Early & Associates Bridge Division
NECPE Member
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