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Sports Bar and American Style Family Restaurant

Peterborough, NH (Hillsborough County)

Sports Bar and American Style Family Restaurant
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Asking Price: $395,000

Cash Flow: $153,135

Gross Revenue: $923,756

EBITDA: N/A

FF&E: $150,000

Inventory: $20,000*

Established: 1990

*not included in asking price.

Sports Bar and American Style Family Restaurant

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Business Description

Money-making, family friendly operation.

This is a terrific opportunity to control your own destiny and move up to ownership of your own restaurant and sports bar business. This business makes money and has a wonderful family-friendly atmosphere. For 29 years, customers have come back, again and again. It would be an ideal business for an experienced restaurateur, husband and wife combination or partnership. Sales this past year were $923,756, producing discretionary earnings to the owner of $153,135. The nearly 5,000 square foot location is highly visible from the state highway as the end unit of a very busy commercial mall location. This is a turnkey business with long term, trained, full- and part-time employees, point of sale accounting and ordering system and completely up-to-date, fully-equipped and under code kitchen. Everything is in excellent condition cleaned and polished daily. Additionally, there is a long term lease in place with renewal options. The business, including long term lease, good will, training during the transition to a new owner, non-compete agreement, website, $150,000 worth of furniture, fixtures and equipment are offered at a value price of $395,000 plus, the value of the inventory and supplies at cost. The inventory and supplies are valued at approximately $20,000 depending on the date of the sale of the business.

Detailed Information

Location:
Peterborough, NH
Inventory:
Not included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Support & Training:
Support and training during the transition is available.
Reason for Selling:
Retirement
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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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