Profitable Lakes Region Restaurant and Bar

Lakes Region, NH

Asking Price: Annual Revenue:
$795,000 $829,239

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Profitable Lakes Region Restaurant and Bar Broker: Ed Settino

Quick Facts

Asking Price: $795,000
Annual Revenue: $829,239
Net Profit: Not Disclosed
Cash Flow: $165,023
Total Debt: Not Disclosed
FF&E: $125,255
Real Estate: $500,000
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 951381
Broker Reference #: 217029

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Business Overview:

This established and profitable Lakes Region New Hampshire restaurant business is a perfect situation for a chef who would like to own their own location and control his or her future. This is also an ideal situation for a husband and wife or partnership to manage their own restaurant operation. With sales of $829,239 producing discretionary earnings of over $165,000, this business continues to grow with happy repeat customers and new patrons coming in from local referrals. The business and real estate, including $125,255 of furniture, fixtures and equipment, $100,297 worth of upgrades and improvements, non-compete agreement, good will, training during the transition to a new owner, vendor and supplier contact information, recipe and food prep information are available for an offering price of $795,000 plus the value of the inventory and supplies. The offering price is allocated at $500,000 toward the value of the property and $295,000 toward the value of the business. The value of the inventory and supplies, ranges between $25,000 and $50,000.

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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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