Upscale NH Restaurant and Lounge

Not Disclosed, NH
Rockingham County

Southern NH, close to MA Border


Asking Price: Annual Revenue:
$350,000 $1,000,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Upscale NH Restaurant and Lounge Broker: Betsy Masucci
Owner Financing is Available!
Down Payment: $150,000

Quick Facts

Asking Price: $350,000
Annual Revenue: $1,000,000
Net Profit: $300,000
Cash Flow: $300,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2014
Employees: Not Disclosed
BBN Listing #: 720319596
Broker Reference #: EM 2485

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Business Overview:

LOCATION: Southern NH, close to Mass border. Major numbered rte. Busy retail area. Close proximity to 3,000 new apts.

SELLING PRICE: $350,000 DOWN PAYMENT: $150,000

SALES VOLUME: Strong $20,000+ per week No delivery. Huge demand for catering.

LEASE: $7,710/month. (includes NNN) Years LEFT: 15 +...no escalators

SQUARE FOOTAGE: 4,000 square feet with full, dry basement for storage.

HOURS OF OPERATION: Closed Monday. 11:30 AM -9 PM

SEATING: 185 seats (large patio planned)

COMMENTS: Very active with private parties. Strong repeat business due to location, quality of food, and attention to service. Separate bar and pub area with 20-stool bar and numerous TVs for sports. Strong, dedicated staff.
NETS $300,000 PER YR...EVERY YEAR!
Contact Betsy or email us.

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Property Features and Assets:

Located on busy major numbered route. Free standing building...large outdoor patio planned. Very desirable location for private functions.

Market Competition and Expansion:

Minimal competition due to the quality of food and dedicated service...very loyal customer base. Large apartment complex nearby to possibly increase sales volume.

Reason for Selling:

Family Reasons

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.

Documents:

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