Award Winning Breakfast and Lunch Restaurant in High Traffic Location on Seacoast of NH

Description

This highly regarded café/restaurant has been one of the most popular spots for breakfast and lunch for years. It’s in a high traffic location with a large following of customers. The café is one of only a few restaurants serving breakfast in the area. It is locally owned and operated. It has a loyal following, long-term staff and is known for outstanding food served at reasonable prices.

Great opportunity for a buyer looking for a turnkey breakfast & lunch café with a strong track record of success.

Detailed Information:

Business Price: $149,000

2021 Revenues: $520,000

2019 (Pre-Covid) Revenues: $860,000

Furniture, Fixtures, & Equipment (FF&E): Approximately $58,000 Est., included

Inventory: $10,000 Est., not included

2021 Adjusted EBITDA: $121,000

2019 (Pre-Covid) Adjusted EBITDA: $197,000

Real Estate: Lease in place

Facilities: The restaurant is approximately 1600 square feet. It has excellent street visibility, lots of drive-by-traffic and ample parking.  It serves breakfast and lunch only and has long-term lease in place.

Growth & Expansion: There are lots of opportunities for growth which are outlined by the Seller in the confidential package.

Support & Training: Seller is willing to stay on to assist in support and training for a limited time.

Reason for Selling: Divestiture

The location noted on the map below is not correct due to confidentiality. To receive the Confidential Package on this business, please complete the attached Non-Disclosure Agreement (NDA) and email to info@firststreetbb.com or fax back to us at 603-501-3241.


Location