Awesome Lakeside Restaurant Location

NH

Awesome Lakeside Restaurant Location
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Asking Price: Get Financing: $995,000

Cash Flow: $196,574

Gross Revenue: $1,114,728

EBITDA: N/A

FF&E: $194,000

Inventory: $40,000*

Real Estate: $775,000

Established: 2010

*not included in asking price.

Awesome Lakeside Restaurant Location

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Business Description

Very profitable waterfront business!

PRICE REDUCED! 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. This is a perfect business for a chef, experienced restaurateur, hospitality investor or experienced restaurant manager looking to purchase their own business. 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 $995,000, allocated at a value of $775,000 toward the real estate and $225,000 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.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
5,000
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
5000=/- square foot facility with lake frontage. Inside and outside seating. Access from land and water.
Support & Training:
Support and training during the transition is included.
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Contact the Seller

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Leon Parker, CBI, President

Business Listed By:
Leon Parker, CBI, President

New Hampshire Business Sales, Inc.

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