Description
Great opportunity to own and operate a highly profitable neighborhood Tavern on the Seacoast of New Hampshire. This family-friendly restaurant is casual and an enjoyable place to eat and/or have drinks. It is one of the most popular restaurants in a thriving community. With a seating capacity of over 150 customers, a festive atmosphere and delicious food, it is a favorite of locals and visitors. It is a turnkey business with tenured management in place.
Detailed Information:
Business Price: $489,000
Revenues: $1,900,000
Furniture, Fixtures, & Equipment (FF&E): TBD
Sellers Discretionary Income: $366,000
Real Estate: Leased
Facilities: The business is located nearby major highways, within walking distance to many customers and has ample parking. The entire space is approximately 5,000 square feet.
Competition: The town itself has plenty of restaurants but this is one of the few with such a family friendly environment and reasonable prices.
Growth & Expansion: There are numerous ways to increase the business of this already popular restaurant and are outlined in the confidential package.
Support & Training: Seller is willing to assist in support and training.
Reason for Selling: Moving on to new ventures
Seller financing will be considered with significant down payment. Location and financials will be disclosed only with fully completed NDA – the map below is inaccurate.