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Beefside Restaurant

Concord, NH (Merrimack County)

Beefside Restaurant
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Asking Price: $1,295,000

Cash Flow: $231,165

Gross Revenue: $1,920,635

EBITDA: N/A

FF&E: N/A

Inventory: $5,000

Real Estate: $600,000

Established: 1978

Beefside Restaurant

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Business Description

PRICE REDUCED! After 40 years of building and running a very successful and profitable business, the owners of the Beefside Restaurant are ready to retire. This longstanding casual dining and carry-out operation with a loyal customer base is all set for a new owner to step in and take over. The restaurant is a turn-key operation with long-term management in place capable of running the business. Currently ranked as a top 5 Concord restaurant in Trip Advisor, Beefside is located on busy Manchester Street, a commercial area adjacent to residential areas. The restaurant offers dine-in and take-out service and serves breakfast, lunch and dinner. Bottom line profitability has been running 12-18%. The business and real estate are available for $1,295,000 with $600,000 allocated to the value of the real estate and $695,000 for the value of the business.

Detailed Information

Location:
Concord, NH
Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
1,989
Employees:
28
Support & Training:
Support and training during the transition is available.
Reason for Selling:
The business is for sale because the current owners are ready to retire.
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Leon Parker, CBI, President

Business Listed By:
Leon Parker, CBI, President

New Hampshire Business Sales, Inc.

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers.

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