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Business For Sale

PROFITABLE RESTAURANT & BAR WITH FUNCTION FACILITY

Attn: Todd Smith
Not Disclosed, NH, USA
Listing #: 460124983
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Asking Price: $349,000 USD USA Dollars
Business for Sale Industry: Food & Beverage: Restaurants, Fast Food, Deli  
Reason for Selling: Moving
Yearly Revenues: $1,200,000
Yearly Cash Flow: $120,000
Yearly EBITDA: $120,000
 

Business for Sale Overview:

This is a true turnkey opportunity. This upscale casual dinning concept is located in a Business Park in Southern New Hampshire. This restaurant has been beautifully built-out with a large Bar area and beautiful deck. There is also a function facility with a separate bar that is an excellent source of revenue. Sales are strong with a 60% Food to 40% Alcohol ratio. This is a must see opportunity!


Property Features and Assets:

The space consists of an open Bar/dinning room, adjacent dinning room, outdoor deck, function facility, large kitchen, office and bathrooms. The Bar/Restaurant has a 150 person seating capacity and the function facility with its own bar can seat an additional 65-70 people.


Market Competition and Expansion:

Licenses: Full Liquor, Common Victualler. Sales: Approximately $1,000,000 annually. Cash Flow: Approximately $120,000 annually. Rent: Approximately $125,600 annually. Parking: Plenty. Lease: The current lease has five (5) years remaining with one five (5) year renewal option.


Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • The owner is not willing to work for 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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