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Business For Sale

Million Dollar Restaurant Needs New Owner

Holderness, NH

Food & Beverage: Restaurants, Fast Food, Deli

Business For Sale
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$1,195,000
$1,000,000
Not Disclosed
Not Disclosed
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1994
0
73015503

Business Overview:

This restaurant was established in the early 1990’s purchased in 2004 by the current owner who has enjoyed an owner’s lifestyle as a non-operator. There is a general manager/chef in place and a complete year round operational team. Sitting right on the water the 157 seat restaurant has a great reputation for quality dining. Recently a serving area and seating was build to accommodate boats and pedestrian traffic. Income in 2010 is ahead of 2009 which grossed $950,000.

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:

Location on a lake includes several boat slips and a dock for diners to more their boats while dining. Located on busy Route 3 there is easy access and plenty of parking.

Market Competition and Expansion:

Area competition is limited to pizza and sandwich shops, no sit down dining and bar. High grossing operation for the region indicates that it has a cadre of regular customers.

Reason for Selling:

Retiring

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.

Resources: