Opportunity to acquire a turnkey restaurant space in downtown Durham, NH. It’s not easy to find a restaurant of this size and in such great condition. The current owner spent well over one million to completely renovate and expand this highly visible, corner location only a few years ago. For significantly less, one can obtain a space fully operational with all furniture, fixtures and equipment and be up and running, with necessary city approvals, fairly quickly.
This restaurant is on Main Street adjacent to the University of New Hampshire campus. The location is within walking distance of restaurants, bars, retailers, student dorms and private residences.
Asking Price: $400,000
Furniture, Fixtures & Equipment (FF&E): $250,000+ Estimate
Lease: long-term lease is in place and would need landlord approval for transfer
Facilities: The restaurant space is over 6000 square feet with an excellent kitchen, two bars, private event space, and interior seating for nearly 200 along with 40 seats outside. There are two floors with two restrooms on both levels. It resides in a highly visible corner building, with large windows and a beautiful brick facade.
Competition & Growth: There are a number of restaurants in Dover but space this large and in such good condition is hard to come by. Bring your own restaurant and bar ideas to this space.
Support & Training: Staffing is in place and owner expects them to stay if offered similar positions.
Reason for Selling: Divestiture
Contact us today to learn more! info@FirstStreetbb.com or 603-501-3294.