Downtown NH Coffee House and Cafe

North Woodstock, NH (Grafton County)

Seller Financing Available
Downtown NH Coffee House and Cafe

Asking Price:$99,900

Cash Flow:N/A

Gross Revenue:$349,315

EBITDA:N/A

FF&E:$90,000

Inventory:$10,000

Lease Rate/Sq. Ft.:$8.80

Established:2003

Downtown NH Coffee House and Cafe

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Business Description

Downtown New Hampshire Coffee House and Cafe

Cascade Coffee House and Cafe features a relaxed cafe setting in a quaint, downtown New Hampshire village, across the street from the natural Cascade Park water slide on the Pemigewasset River. Open for breakfast, lunch, and seasonal dinner, the restaurant features a comfortable indoor setting and a refreshing outdoor seasonal patio from which customers can enjoy the sites of a vibrant downtown area.
The business has a solid, transferable lease and most of the furniture, fixtures, and equipment have been updated in the last couple of years to accommodate the restaurant's format change. Food quality is high, and the customer base is made up of locals and visitors alike.
This is a perfect opportunity for an owner operator individual or couple, who can make a solid living operating the Cascade Coffee House and Cafe. Revenue and bottom line growth is unlimited for an owner who will take full responsibility for the daily operation of the business.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,300
Lease Expiration:
5/30/2019
Employees:
Up to 8
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Cascade Coffee House and Cafe is housed in a quaint, comfortable, commercial building in the quintessential New England downtown area of North Woodstock, New Hampshire. The facilities include 1300 square feet of dining room, service counter, kitchen, food preparation area, bathroom, and storage. Seasonal patio seating is also available. On street parking is available as is a public parking lot across the street from the restaurant. Much of the equipment and furniture has been recently purchased as part of the update and additional service improvements made in 2015.
Competition:
The Cascade Coffee House and Cafe is ideally located in a downtown setting at the intersection of the only two designated scenic highways in New Hampshire, Route 112, the Kancamagus Highway and Route 3, the Daniel Webster Highway. Downtown North Woodstock is a quaint New England walking town with many restaurants, pubs, motels, inns, service businesses, and both natural and man made attractions. High visitor season is during the summer, fall, and winter, with spring being quieter, when the restaurant primarily hosts locals and hikers.
Growth & Expansion:
The Cascade Coffee House and Cafe has enjoyed very strong business trends in the last couple of years. They have experimented with varied hours, adding dinner, doing some catering, promoting box lunch programs, etc. The challenge has been higher than usual operational expenses as the seller has had to remove himself from daily operations in order to sustain other business ventures. By doing so, labor and food costs have risen exponentially. This restaurant can offer an owner operator or a working couple a very nice living as long as they are involved in the day to day operations of the business. Extended hours, increased catering, creative menu planning, controlled costs, and the creation of owner/customer relationships will result in even greater revenues and a much stronger bottom line.
Financing:
Seller financing may be available to a qualified buyer.
Support & Training:
Seller is willing to train for two weeks and offer additional support to a new buyer as required.
Reason for Selling:
Seller has other business interests which have become a priority.
Business Website:
http://www.cascadecafenh.com/

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Jay Polimeno

Business Listed By:
Jay Polimeno

Polimeno Business Sales

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