Successful Concord Area Pizzeria

Undisclosed Address, Boscawen, NH 03303
Business Opportunity for Sale
Catylist Listing ID: 30208492
Property Subtypes: Food and Beverage
Building Size (RSF): See Agent
Sale Price: $230,000
Year Business Established: 1997
Gross Revenue: $450,000 (Annual)
Cash Flow: $0 (Annual)
Sale Terms: Sales includes Business and FF&E for $230,000. Owner will consider sale of Real Estate for additional $395,000
Last Updated: 2/12/2018

Overview / Comments

Established and fully equipped free standing restaurant on a busy main road with great visibility and signage. Excellent cash flow opportunity with great margins. Owner would consider some seller financing to qualified buyers.

Additional Details

Industry Segment: Restaurants
Reason for Selling: Owner retiring after many successful years in business
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Real Estate Status: Leased
Value of Real Estate Included ($): $395,000
Real Estate Lease Description: Base Rent is $2,500 Mo. Approx. $12.50 Sq. Ft. NNN with Option to purchase building.
Employee/Labor Description: Approx. 7 Full & Part time staff
Mgmt/Training Support Description: owner willing to assist in transitional training.
Growth/Expansion Opportunities: Restaurant has Indoor seating for 60 with convenient take out area

Contact

Photograph of Listing Agent

William Kanteres

Kanteres Real Estate NECPE Member
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