Profitable Portsmouth NH Restaurant

Portsmouth, NH (Rockingham County)

Profitable Portsmouth NH Restaurant
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Asking Price: $394,900

Cash Flow: N/A

Gross Revenue: $1,150,000

EBITDA: $150,000

FF&E: $100,000

Inventory: $15,000*

Rent: $5,000 /Month

Established: 2007

*not included in asking price.

Profitable Portsmouth NH Restaurant

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Business Description

This is a long standing restaurant in one of the hottest markets , Portsmouth , NH.It has a banquet area /lounge and is a fast casual concept. Gross sales are in excess of a $1.0mm and shows a very good bottom line. The equipment is very well maintained and the level of standards and operation makes it one of the best.
A non disclosure will be needed to release location, name and financials.

Detailed Information

Location:
Portsmouth, NH
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
5,000
Lease Expiration:
10/1/2027
Employees:
10
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Dining room, lounge.banquet room, bar/outside patio
Growth & Expansion:
The growth lies in the hours by expanding to open Sunday and Mondays. The lounge can be made to have a sports bar design to increase liquor sales with a full liquor license. Parking is a huge benefit
Support & Training:
two weeks
Reason for Selling:
Personal
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(from currently available funds)
 
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Arthur Pappas

Business Listed By:
Arthur Pappas

Keller Williams Coastal

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