Retail - Restaurants | Retail - Other Eating & Drinking Places

Asking Price	Not Disclosed	Inventory
Gross Income	Not Disclosed	Real Estate
Cash Flow	Not Disclosed	Year Established	1994
FF&E	N/A	Employees	N/A

* included in the asking price

** not included in the asking price

Owners’ Retirement Auction Fully-Operational Family Restaurant Somersworth, New Hampshire Monday, November 2nd at 11:00 a.m. Sells to the Highest Bidder Above $450,000 The Greenleaf family has retained Paul McInnis, Inc. to sell their restaurant business, known as The Gateway Restaurant, and real estate holdings located at 415 - 419 Route 108 in Somersworth, New Hampshire at public auction. The restaurant and single-family residence on 3 lots will be offered in the entirety. 415-419 Routes 108: “The Gateway Restaurant” is a currently operating 200-seat restaurant and 100-seat function room & catering business. The building is 7,000± sq.ft. in size and has an efficient commercial kitchen and buffet bar, with mostly all new equipment in 2006. The site consists of three tax parcels totaling 3.5± acres and includes a single-family residence and 2-car garage. Town Reference: Map 56, Lot 7, 8 & 9. Combined Assessed Value: $1,030,600. Terms: $10,000 Deposit by certified check or bank check at time and place of sale is required to bid (unsuccessful bidders’ deposits to be returned immediately following the sale). A 10% Buyer’s Premium will be added to the high bid to become the total purchase price. Deposit to be increased to 10% of the purchase price by personal check at the time and place of the auction. Balance due at closing within 45 days. The restaurant and all equipment sells to the Highest Bidder Above $450,000. Open Houses: Monday, October 19th and Monday, October 26th from 4:00 to 6:00 p.m. Buyer Broker Participation Welcome

Facilities: The Gateway Restaurant is a currently operating 200-seat restaurant and 100-seat function room. The building is 7,000 sq.ft. in size and has an efficient commercial kitchen and buffet bar, with mostly all new equipment in 2006.

Support/Training: Owner may be willing to train new owner.

Reason Selling: Retirement