Description
Rare opportunity to acquire a highly regarded and well-established restaurant in Portsmouth, NH. The restaurant has built a strong reputation for its modern cuisine, vibrant atmosphere, elevated cocktail program, and broad customer appeal within one of New England’s premier dining destinations.
The business generated over $2 Million in revenue and presents a turnkey opportunity for an owner/operator or hospitality group seeking an established brand with strong infrastructure and growth potential.
Concept & Market Position
The restaurant is known for its modern culinary approach emphasizing fresh, local ingredients and elevated presentation. The restaurant successfully bridges casual dining and premium culinary experiences, attracting both loyal local patrons and the Seacoast’s strong tourist traffic.
Detailed Information:
Asking Price for Business: $400,000
Revenues: $2,085,000
Furniture, Fixtures, & Equipment (FF&E): $TBD Est. (included)
Inventory: $TBD Est. (not included)
Facilities: The restaurant operates from a fully built-out and well-maintained 3,600+/- SF facility designed to accommodate dine-in service, private events, and bar/lounge operations. It also has an outdoor patio with off-street parking.
Seating & Event Capacity
- Main Dining Capacity: Approximately 90–120 guests
- Outdoor Patio: 50 guests
Growth & Expansion:
- Reintroduce full lunch service throughout the week
- Expand late-night bar operations
- Increase private event and catering revenue
- Extend operating hours
- Leverage the established brand for additional concepts or locations
Support & Training: Seller is willing to stay on to assist in support and training.
Reason for Selling: Divestiture
To Receive the Confidential Package on this business with real estate, please complete the attached NDA and email to info@firststreetbb.com or fax back to us at 603-501-3241. The location noted on the map is incorrect due to the high level of confidentiality.