Profitable Monadnock Area Family Restaurant & Bar

Not Disclosed, NH

Asking Price: Annual Revenue:
$395,000 $894,371

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Profitable Monadnock Area Family Restaurant & Bar Broker: Ed Settino

Quick Facts

Asking Price: $395,000
Annual Revenue: $894,371
Net Profit: Not Disclosed
Cash Flow: $170,957
Total Debt: Not Disclosed
FF&E: $150,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 28
BBN Listing #: 6975381
Broker Reference #: 216014

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Business Overview:

This is a terrific opportunity to control your own destiny and move up to ownership of your own restaurant and sports bar business. This business makes money and has a wonderful family-friendly atmosphere. For 27 years, customers come back, again and again. It would be an ideal business for an experienced restaurateur, husband and wife team or partnership. Sales have averaged just under $900,000 a year, producing discretionary earnings to the owner of $170,000 plus this past year. The nearly 5,000 square feet location is highly visible from the state highway in a very busy commercial mall location. Seating consists of booth seats in the dining room and ample seating in the bar section.

This is a turnkey business with long term, trained, full- and part-time employees, point of sale accounting and ordering system and completely up-to-date, fully-equipped and under code kitchen. Everything is in excellent condition cleaned and polished daily. Additionally, there is a long term lease in place with renewal options.

The business, including long term lease, good will, training during the transition to a new owner, non-compete agreement, website, $150,000 worth of furniture, fixtures and equipment are offered at a value price of $395,000 plus, the value of the inventory and supplies at cost. The inventory and supplies are valued at approximately $20,000 depending on the date of the sale of the business.

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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.

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