MergerPlace

Restaurant & Bar for Sale!

New Hampshire (Rockingham)


  • Asking Price: $1,385,000
  • Gross Income: $3,954,199
  • Cash Flow: $500,515
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $500,000
  • Listing ID: #211164
  • Established: Not Disclosed
  • Employees:

Business Description

Great opportunity to own and operate a highly profitable unique restaurant and bar on the Seacoast of New Hampshire! This family-friendly restaurant is casual and eclectic. It is one of the most popular and trendy restaurants in a very stylish and thriving community. With a seating capacity of close to 240 customers, a festive atmosphere and excellent food, it is a favorite of locals and visitors. It is a turnkey business with tenured management in place.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: New Hampshire
County: Rockingham

Company Information

Home Based: No
Franchise: No
Relocatable: No
Number of Employees:

Financial Information

Asking Price: $1,385,000
Gross Revenue: $3,954,199
Cash Flow: $500,515
EBITDA: $500,515
FF&E: $500,000
Seller Financing Available: No

Property Information

Facilities:

The business is located nearby major highways, within walking distance to many customers and has ample parking. The entire space is approximately 5,400 square feet.

Growth & expansion opportunities:

There are numerous ways to increase the business of this already extremely popular restaurant. Extending service hours, including opening the entire restaurant for brunch and late night will increase sales. Secondly, expanding the take-out, delivery business and retail business, which includes prepared food. Increasing marketing dollars could also pay dividends since very little is spent relative to top line sales.

Competition:

There are no restaurants with similar menus in the area. The town itself has plenty of restaurants but this is the only one with a truly unique concept and reasonable prices.

Reason for selling:

Moving on to new ventures

Support & Training:

Seller is willing to assist in support and training.

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Hank Beresin

First Street Business Brokers