Business for Sale Overview:
Located in the heart of New Hampshire's White Mountains, this popular pizzeria and Italian restaurant generates very strong revenues and positive cash flow. The business has been in existence for 21 years and has a very loyal following with locals and tourists alike. Specialties are pizzas, calzones, submarine sandwiches, and Italian specialities. Lease terms and rent are easily supported by the business and fall well within industry standards.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Property Features and Assets:
3000 square feet of space, all on one level, located in a strip mall. Building is in fair to good condition. F, F, & E is in good to excellent condition. Restaurant has a large kitchen, food prep area, dining room with seating for 90+, ample storage, large counter area, and restrooms. There is parking for over 100 cars in the parking lot and additional parking available on the street.
Market Competition and Expansion:
There are other pizza restaurants in the area, but this establishment seems to have the greatest market share. The quality is on the higher end of what is available and pricing is well in line with the competition. The area that the business is located in is a growing tourism destination with a lot of high end development in the works. There is also an anticipated increase in year-round residents to accommodate the needs of the increased number of second homeowners. All indications are that the area will be in a strong growth mode for the next five plus years, positively impacting all businesses in the area. A new owner's greater presence in the business will positively impact revenues (adding delivery, expanding hours, etc.)and also better control costs and breakage.
Reason for Selling:
Semi-retirement looking for part-time job.
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.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.