Category Archives: "Accommodation and Food Service"

28 Jun, 2022

First Street Business Brokers is proud to announce the sale of the Oar House Restaurant

      Portsmouth’s landmark waterfront restaurant, The Oar House, will have a new steward beginning this season.  Ray Guerin and his family have owned and operated the legendary restaurant for the past twenty-five years, serving great food and incredible drinks.  They are passing the torch to a new owner, Casey Anderson, an experienced and local restaurateur. […]

10 May, 2019

Street and Street’za Sold to Restauranteur Jay McSharry by First Street Business Brokers!

We are pleased to announce the sale of Street and Street’za restaurants to Jay McSharry, owner of 10 other successful establishments. We would like to congratulate our clients and owners, Michelle Lozuaway and Josh Lanahan on the sale along with Jay McSharry on the acquisition. Michelle and Josh, with the support of great employees, built […]

4 Aug, 2016

Small Business Transaction Metrics by BizBuySell

If you are a business owner or looking to acquire one, you should always stay current on what the market is like.  Is it a good time to sell? What are like business’s selling for in my industry? Check out this link to the latest in 2016 Second Quarter Results and 2015 Results from our friends at […]

15 Oct, 2015

Small Business 2015 3rd Quarter Transactions Down Slightly As Market Stabilizes From Robust 2014 Activity

BizBuySell shared their latest “Insight Reports” today in which one of the key findings was the sale of small businesses were down nearly 9% in the third quarter versus same period last year.  “Brokers reported a total of 1,814 businesses changing hands during the quarter, down from the 1,987 in 2014, as well as the 1,913 […]

17 Aug, 2015

EB-5 Immigrant Investors Program

For those of you looking to apply for a green card (become a permanent residence of the United States) and have the financial wherewithal and business background, the EB-5 program is a fabulous opportunity. The United States Citizenship & Immigration Services (USCIS) administers the EB-5 Program and here’s some information about it: “Under this program, […]

20 Apr, 2015

Entrepreneurship = Perseverance

I love a great story about perseverance … never giving up your dream regardless of what others think.  There are so many entrepreneurs who have similar stories.  They left the security of a regular paycheck, benefits and office friendships to explore the unknown, to go into debt, to wonder when the first sale will happen, […]

5 Dec, 2014

Don’t overlook small businesses and their economic impact

The SBA really pumps out a lot of great information about small businesses and their footprint on America.  Here is a quick run down: Right now, there are over 23 million small businesses accounting for 54% of all U.S. sales! These small businesses provide 55% of all jobs and 66% of all net new jobs […]