Business For Sale

Very Successful Lakes Region Restaurant

Lakes Region, NH


Asking Price: Annual Revenue:
$1,200,000 $957,410

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Very Successful Lakes Region Restaurant Broker: Leon Parker

Quick Facts

Asking Price: $1,200,000
Annual Revenue: $957,410
Net Profit: Not Disclosed
Cash Flow: $146,025
Total Debt: Not Disclosed
FF&E: $194,000
Real Estate: $900,000
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 5629381
Broker Reference #: 217028

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Business Overview:

Landmark, established destination restaurant for sale. This profitable lakeside operation has been serving the local community, second home owners and vacationers for years. Excellent location, strong demographics and a well-maintained facility. There are multiple seating options in the restaurant to cater to a broad range of diners. The business and real estate including $194,000 of furniture, fixtures and equipment, $58,000 worth of upgrades and capital improvements, training during the transition to a new owner, supplier and vendor contacts, good will, recipes and special food prep information, and non-compete agreement are available for $1,200,000, allocated at a value of $900,000 toward the real estate and $300,000 toward the value of the business, plus, the value of the inventory and supplies at the time of the sale of the business and real estate. The value of the inventory and the supplies range from $25,000 to $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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