NH White Mountains-Lakes Region Full Service Re...

Confidential, NH

Asking Price: Annual Revenue:
$525,000 $961,023

Food & Beverage: Restaurants, Fast Food, Deli

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RE: NH White Mountains-Lakes Region Full Service Re... Broker: Jay Polimeno
Owner Financing is Available!

Quick Facts

Asking Price: $525,000
Annual Revenue: $961,023
Net Profit: Not Disclosed
Cash Flow: $245,235
Total Debt: Not Disclosed
FF&E: $126,360
Real Estate: Not Disclosed
Year Established: 1987
Employees: 12
BBN Listing #: 939851863
Broker Reference #: NEWHAMP001-N50

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Business Overview:

PRICE REDUCED BY MOTIVATED SELLER! This restaurant was established nearly 40 years ago by the current owner. The business operates as a Sole Proprietorship. The real estate is also owned by the sellers under a separate entity and is available for $550,000 should a buyer care to own rather than lease. The real estate also includes an apartment above the restaurant. The restaurant, which is a landmark in its market area has been recognized nationally and statewide and has received multiple awards of excellence. Offered for sale is the business entity, including all tangible and intangible assets. The real estate could also be for sale for the right buyer looking to own rather than lease. The building is in very good condition and fully functional as an established restaurant with ample parking. This lunch/dinner restaurant is a very popular destination for locals and visitors alike as it prides itself on serving some of the best homemade comfort food in New Hampshire served in a warm and comfortable environment. Loyalty of local families and businesses helps yield strong year-round numbers.

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Reason for Selling:

Seller is looking to retire.

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.

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