Business for Sale Overview:
King's Corner Cafe is a popular breakfast and lunch restaurant located in the heart of New Hampshire's White Mountains on the world famous Kancamagus Highway. A strong local clientèle enhanced by year-round tourist activity supports the restaurant, whose revenue has been consistently strong and growing. Included in this offering is the real estate, a commercial condominium with a great location and a very solid association. The restaurant's focus is on providing a quality product, personally prepared, professionally served, and reasonably priced. A great "quality of life" opportunity!
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:
The restaurant is housed in a well-maintained, 1343 square foot commercial condominium unit, complete with dining room seating 38, service counter and food preparation area, restrooms, and kitchen. The public areas of the restaurant are clean, well-maintained, comfortable, and appealing to customers.
Market Competition and Expansion:
There are currently three other full service breakfast restaurants in Lincoln, a bagel shop, and a McDonalds. For lunch options, in addition to the above, there are also three pizza restaurants, a Subway, and two seafood/barbeque restaurants. During peak tourist season, there can never be enough restaurants to serve the needs of all the visitors to the area. The challenge is to appeal to the local clientèle and second home owners who keep you busy during the off-seasons. King's Corner Cafe has a strong local following because of their involvement in the community, consistent hours, and fair prices. A new owner could certainly pursue that option however it doesn't seem that the additional size necessarily translates into a larger bottom line. The current owners have discussed the possibility of adding a liquor license and opening up for dinner on Friday and Saturday evening's and adding an evening coffee and dessert bar when demand in the area is at its highest.
Reason for Selling:
Owners are looking to semi-retire, health reasons.
Additional Details:
- The property is owned.
- 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.