Business Overview:
Recently reduced, priced to sell! Nacho's Mexican Grille has been in existence since June of 2006. It operates as a Subchapter “S” Corporation known as Nacho’s Mexican Grille, Inc. The real estate, a free standing building with a residential apartment above the restaurant, is owned by the owners of the business, separate from the business being offered for sale. Upon the transfer of the business, the three bedroom apartment will be available for rent should a new owner be interested. The restaurant is housed in a 1,000 square feet space, complete with dining room, service counter and food preparation area, restrooms, and kitchen. There is also outside deck seating available in season. Nacho’s Mexican Grille is a popular Mexican themed restaurant located in the heart of the White Mountains National Forest, on the world famous Kancamagus Scenic Highway. The restaurant sits directly across from the entrance to Loon’s new South Mountain addition. Frequented by loyal locals and visitors alike, Nacho’s focus is on providing a quality product, personally prepared, and at a reasonable price. Seller is motivated, needs to relocate!
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
The restaurant is housed in a newly renovated and well maintained building, complete with dining rooms, service area, open kitchen and food preparation area, restrooms, and summer deck seating. All furniture, fixtures, and equipment are in good to excellent shape and, in most cases, only two years old. The public areas of the restaurant are clean, well maintained, comfortable, and appealing to customers.
The restaurant is 1,000 square feet and seats 40 inside and 29 outside in the Summer. There is parking on property for up to 20 cars.
Market Competition and Expansion:
Nacho’s Mexican Grille is located in a stand alone building with plenty of parking on Route 112, the Kancamagus Highway, in Lincoln, New Hampshire. The restaurant is just 1½ miles from Loon Mountain’s main entrance, the most popular ski resort in New Hampshire. It is directly across the street from the entrance to Loon’s newly expanded South Mountain. The area is also a popular destination year round for its hiking, biking, swimming, winter activities, foliage, and other attractions, both man-made and natural, that the White Mountain National Forest has to offer. Lincoln’s Main Street includes myriad lodging establishments, service businesses, restaurants, shops, entertainment facilities, natural attractions, and walking trails much to do within easy walking distance to everywhere.
Reason for Selling:
Relocating
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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