Very Successful Lakes Region Restaurant

NH

Very Successful Lakes Region Restaurant
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Asking Price: Get Financing: $1,200,000

Cash Flow: $146,025

Gross Revenue: $957,410

EBITDA: N/A

FF&E: $194,000

Inventory: $40,000*

Real Estate: $900,000

Established: N/A

*not included in asking price.

Very Successful Lakes Region Restaurant

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Business Description

Landmark, established destination restaurant for sale. 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. 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 $1,200,000, allocated at a value of $900,000 toward the real estate and $300,000 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
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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