Opportunity to acquire a small restaurant and cafe in a high traffic area with off-street parking. The restaurant is currently operating and has a full kitchen with hood and grease trap and two bathrooms. The dining room has 25 seats and is setup to accommodate frequent takeout orders.
It is located in a busy area nearby many businesses and residential neighborhoods. The building is highly visible and would be an ideal location for a number of different restaurants concepts such as: breakfast/lunch cafe; Pizza; Smoothie/cafe, fast casual takeout and more.
Asking Price: $155,000
Pre-Covid Revenues: $435,000
2021 Projected Revenues: $330,000
Furniture, Fixtures & Equipment (FF&E): TBD
Lease: Option takes it out to Feb 28, 2027
Facilities: 1,760 +/- square feet of usable space in Portsmouth, NH. The interior seating count is for 25 and there is off-street parking. The current rent is $3,000 per month plus utilities.
Reason for Selling: Retirement
To receive additional information on this opportunity, please complete the attached Non-Disclosure Agreement and return to info@FirstStreetBB.com.