PRICE REDUCED BY MOTIVATED SELLER! This restaurant was established nearly 40 years ago by the current owner. The business operates as a Sole Proprietorship. The real estate is also owned by the sellers under a separate entity and is available for $550,000 should a buyer care to own rather than lease. The real estate also includes an apartment above the restaurant.
The restaurant, which is a landmark in its market area has been recognized nationally and statewide and has received multiple awards of excellence.
Offered for sale is the business entity, including all tangible and intangible assets. The real estate could also be for sale for the right buyer looking to own rather than lease. The building is in very good condition and fully functional as an established restaurant with ample parking. This lunch/dinner restaurant is a very popular destination for locals and visitors alike as it prides itself on serving some of the best homemade comfort food in New Hampshire served in a warm and comfortable environment. Loyalty of local families and businesses helps yield strong year-round numbers.
Financial Information
$525,000
Asking Price
$245,235
Cash Flow
$961,023
Gross Revenue
Negotiable
Down Payment
Yes
Financing
Business Location
City:
Confidential
State:New Hampshire
Financing Comments
Seller is willing to offer minimal seller financing to a qualified buyer and for the right deal.
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