Description
Exciting opportunity to acquire a highly regarded bakery and cafe in New London, NH. This offering includes the business itself, and its prime real estate in a thriving and picturesque location. The establishment is strategically situated on Main Street in the heart of town, offering convenient off-street parking for easy access by both current and new customers.
This locally owned and operated business has cultivated a loyal following, boasts a long-term, dedicated staff, and is renowned for its outstanding food and service. This presents a unique chance for an experienced buyer looking to expand their portfolio and own valuable real estate in a town that caters to a growing population of locals and tourists with significant disposable income.
Detailed Information:
Business Price: $350,000
Revenues: $1,004,000
Seller’s Discretionary Income: $164,000
Furniture, Fixtures, & Equipment (FF&E): $186,000 Est. (included)
Inventory: $10,000 Est. (not included)
Real Estate Price: $925,000 (Seller willing to consider providing a long-term lease)
Facilities: The bakery and cafe operates in approximately 3,500 square feet and features off-street parking, excellent street visibility, and a high-traffic location. The entire property spans approximately 0.40+/- acres and includes nearly 4,500 square feet of recently renovated usable space. Additionally, there are several other tenants leasing space within the related real estate, which provides attractive additional income to the owner.
Growth & Expansion: Strong market position, robust customer relationships, and strategic growth opportunities make it an attractive investment opportunity. By acquiring this thriving artisan bakery and cafe with its prime real estate, you can become part of a legacy of excellence and expand the business to new heights. The Seller has outlined many of them in the confidential package.
Support & Training: Seller is willing to stay on to assist in support and training.
Reason for Selling: Retirement
To Receive the Confidential Package on this business, please complete the attached NDA and email to info@firststreetbb.com or fax back to us at 603-501-3241.
The Broker of record for the real estate is Aland Commercial at 603-501-0463.