2 Well Established Restaurants For Sale

Hillsborough County, NH

Seller Financing Available
2 Well Established Restaurants For Sale

Asking Price:$325,000

Cash Flow:$115,000

Gross Revenue:$2,050,000





2 Well Established Restaurants For Sale

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Business Description

Two restaurants with the same name located in close proximity to each other. One grosses about $950k and the other about $1.1 mill. Both have a strong breakfast component. Can get an alcohol license to strengthen the dinner business. Long established history. Long established manager in place in one of the locations. Run pretty much absentee. An owner operator will increase the bottom line. Have 140 and 180 seats. The Seller owns the property in one of the locations. Can be bought together or separately.

Detailed Information

10 FT/45 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Both are excellent locations. One is a free standing building and the other is in a plaza. One is 5,200 sq ft and the other is 4,500 sq ft. One location is leased and the other is owned by the Sellers. Property is available to a Buyer.
Strong name and reputation in their market.
Growth & Expansion:
Add beer and wine licenses. Offer a catering component.
$200K Down/ $125K for 48 mos. @ 6%.
Support & Training:
Will train for 2 weeks @ no cost. Common Victualler licenses. Presently has no alcohol license.
Reason for Selling:

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Ira Rashap

Business Listed By:
Ira Rashap

Murphy Business & Financial Corporation

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