Great opportunity to acquire a restaurant space that is ideal for a cafe serving breakfast and lunch options, along with takeout. Continue with the existing business, Wicked Mini Cafe or bring your own concept to this high traffic location at 999 Islington Street in Portsmouth, NH. Restaurant spaces with this nice of a kitchen don’t come up very often in this seaside, foodie town. It even has off-site parking, not typical in Portsmouth.
Wicked Mini Cafe is located in the Westside Neighborhood of Portsmouth, within walking distance to many businesses, offices, and residences.
Asking Price: $125,000
Furniture, Fixtures & Equipment (FF&E): $100,000
Lease: Landlord willing to provide long-term lease to qualified buyer.
Facilities: The restaurant space has significant improvements made in the past several years and the kitchen is in excellent condition. It’s approximately 1900 square feet and with 35 interior seats. The space could be redesigned to increase seating or be focused more on fast casual takeout, depending on a buyer’s needs. The landlord is willing to extend the lease for a strong buyer.
Competition & Growth: There are lots of restaurants in Portsmouth and restaurant space is hard to come by, especially one that is in this condition. The town has a population that is very supportive of local restaurants, and it is a large tourist destination year round. Bring your ideas to this space and join others in the booming Westside of Portsmouth.
Support & Training: Staffing is in place and owner expects them to stay for the transition.
Reason for Selling: Divestiture
To receive additional information on this opportunity, please contract info@FirstStreetBB.com.