High Volume Turnkey Restaurant with Retail and RE

Listing #: 1584

Location: Concord, NH area

Description: For sale is an 8,000 sq ft. year-round dining, banquet, and retail facility situated in an extremely high traffic area. This is a turnkey venue with consistently strong cash flow, ample parking, and a proven New England food concept.

This property also has the potential for significantly higher sales volume based on increased operating hours and a two-acre site for expansion.

Gross annual revenue is well in excess of asking price and business is fully equipped with everything needed to ensure a smooth transition. Owner is well established and willing to assist with any expertise needed to maintain quality control. Property is in high demand and represents tremendous value in the food and beverage industry and has long been recognized as a standard of dining and entertainment excellence.                                         

Financial Information:

Yearly Gross: $2,700,000
Cash Flow / SDE: $294,565
Assets / FFE: $(included)
Inventory: $ (included)

Financing: Pending SBA Pre-Screen
Asking: $1,950,000 (Business and Real Estate)

General Information: 

Year Established: 1995

Facilities: Restaurant, catering, retail shop, outdoor venue available

Type of location: Commercial
Growth and Expansion: Yes

Support/Training: Owner will assist in a smooth transition

Reason Selling: Retirement
Employees:    20 FT     20  PT

Franchise: No     Re-locatable: Yes

Broker: Peter Spanos

Broker: Phone: 781-682-6209 ext. 268

Email: info@roibusinessbrokers.com