Manchester Area Restaurant & Real Estate

Undisclosed Address, New Hampshire
Business Opportunity for Sale
Catylist Listing ID: 30850573
Property Subtypes: Food and Beverage
Building Size (RSF): See Agent
Sale Price: $779,000
Gross Revenue: $1,000,000 (Annual)
Cash Flow: $150,000 (Annual)
Cash Flow Type: Sellers Discretionary Earnings
Sale Terms: Cash @ Closing May consider Some Seller Financing to qualified and experienced Buyers
Last Updated: 4/26/2024

Overview / Comments

Very Desirable Established Restaurant Tracking over $1M Yr in Revenue with Newly Renovated & Fully Equipped Fit Up Facility & Real Estate. Open 6 Days 11:00 AM - 8:00 PM & currently averaging $22K Wk in sales.
Purchased 2 yrs ago Post-Covid, Owner has put over $200K in New Equipment and upgrades into the facility.

Restaurant designed with Multi-Revenue Possibilities . Facility is Fit up to accommodate Eat-In Dining, Take-away & Delivery Service along with a separate display counter used for Bakery section; Ideal for Coffee, Deli, Ice Cream, Etc..

Menu Features Greek Style Pizza, Subs, Wraps, Salads, Finger Foods and Fried Dinners, Food Quality is excellent along with friendly professional service.

MUST! SEE!!
Real Estate, Furniture, Fixtures, Equipment & Goodwill Offered @ $779,000

Additional Details

Industry Segment: Restaurants
Reason for Selling: Owner Retiring after 4 Successful Decades in the Business
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Real Estate Status: Real Property
Value of Real Estate Included ($): $495,000
Real Estate Lease Description: Newly Remodekled 2,100 + Sq. Ft. Corner Building on a busy street with excellent visability.

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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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