Attention Experienced Restaurant Owners

Strafford County, NH

Attention Experienced Restaurant Owners
Contact Seller

Asking Price: $654,000

Cash Flow: $190,789

Gross Revenue: $570,000

EBITDA: N/A

FF&E: $69,150

Inventory: N/A

Real Estate: $255,000

Established: 1993

Attention Experienced Restaurant Owners

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Business Description

Successful Restaurant and Real Estate for Sale.
Located in Strafford County with quick access to NH Seacoast and Lakes Regions.

Profitable and well established turnkey restaurant located in a high traffic and desirable location with lots of potential for growth. This establishment has a great reputation for outstanding food at reasonable prices. The commitment to quality of food and service has yielded a repeat customer base that has been generated with little marketing efforts by the owner. Open for breakfast, lunch and dinner, the regular and loyal customers of 25+ years enjoy the breakfast, prime rib dinners, signature sandwiches, premium burgers, and fresh salads. This is a 55± seat restaurant in a stand alone building with ample parking and has high visibility on a major state highway. The restaurant is currently open 7 days per week and it is completely-equipped with a large efficient kitchen that could be useful in developing a catering business if a new owner wanted to expand services. Very clean appearance and all equipment is well maintained and in good working order. Several recent upgrades include new flooring in both the dining room and kitchen, new furnace, ice machine, new exhaust hood with up to date ansul system and fresh paint in the kitchen and the dining area.

* Own your own property…be your own landlord
* Great location on State Road
* Good traffic
* Easy access
* Ample parking
* Limited competition
* Leverage 25+ years of customer loyalty
* Annual Owner’s Cash Flow of $190,000+
* Turnkey, comprehensive set of Furniture, Fixtures & Equipment
* Experienced, knowledgeable staff
* Effective training & hand-off

Attached Documents


Detailed Information

Location:
Strafford County, NH
Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
2,339
Employees:
14
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
2,339 Sf building,, parking for 30+ cars, located on State Highway with high visibility and quick access to Seacoast and Lakes Region.
Competition:
We are a locally owned business, with a strong customer following, great visibility on Rt 125 (Calef Highway) and profitable business.
Growth & Expansion:
Room for expansion, catering, open more hours, online ordering.
Support & Training:
2 weeks support and training.
Reason for Selling:
Owner retirement
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Contact the Seller

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Deana Arden

Business Listed By:
Deana Arden

NAI Norwood Group

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Sponsoring Broker:
Chris Norwood

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