MergerPlace

Mount Washington Valley NH Restaurant

Confidential, New Hampshire (Carroll)


  • Asking Price: $299,900
  • Gross Income: $464,880
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: $2,000
  • FF&E: $67,000
  • Listing ID: #207243
  • Established: 2009
  • Employees: 7

Business Description

Restaurant has been in existence since 2009, created by the current owner. It operates as an LLC. The real estate is leased.
Offered for sale is the business entity, including all tangible and intangible assets. The building is in very good condition and the existing lease has four more years plus a 5 year option. This breakfast/lunch restaurant is a very popular destination for locals and visitors alike as it prides itself on serving homemade food made from fresh and local ingredients, and served in a very warm and comfortable environment. There is direct access off Route 16, the main artery into the Eastern White Mountains, and ample parking.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: New Hampshire
Metropolitan Area: Confidential
County: Carroll

Company Information

Year Established: 2009
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 7

Financial Information

Asking Price: $299,900
Gross Revenue: $464,880
EBITDA: $121,224
FF&E: $67,000
Inventory: $2,000
Seller Financing Available: Yes

Property Information

Growth & expansion opportunities:

Increasing the number of seats by adding outside dining for the summer months will positively impact revenues and profit potential greatly. Dinner could be offered Thursday through Saturday to accommodate visitors arriving for the weekend. There is little to no social media presence, the creation of which could impact business volume incredibly if handled professionally. There is an opportunity to offer both soft serve and hard ice cream which would most likely be embraced by both locals and visitors in the summer months.

Competition:

The restaurant is located directly off of Route 16, the main artery into the Eastern White Mountains area. It caters to locals from all over the Mount Washington Valley, from Ossipee to Jackson and everywhere adjacent and in between. There is also a strong repeat clientele of White Mountains visitors and second home owners, many of whom travel, stay, and play all year long throughout this incredibly scenic area. The area is known for its natural attractions, visitor focus, shopping, dining, recreating, and having fun. There are other breakfast/lunch restaurants available in this service-centric economy, but there are also plenty of visitors and locals to keep them all busy and profitable.

Reason for selling:

Sellers are looking to pursue semi-retirement.

Support & Training:

Seller is willing to train for 2 weeks at no charge and consult as necessary until the buyer gets comfortable with the operation.

Contact Business Seller

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Business Listed By:

Jay Polimeno

Sunbelt New Hampshire