Landmark Central NH Restaurant with Retail and RE

rib
$1,900,000

Listing #: 1584

Location: Concord, NH area

Description: A turnkey 8,000 sq. ft. seasonal facility featuring indoor and outdoor dining, retail sales, and full event capacity. Cash flow is consistently eye-popping, parking is generous, and traffic is consistently heavy throughout the long busy season. Included Real Estate is significant and allows for expanded outdoor service. Additionally, owner is well-regarded in the industry and is happy to stay on for a period after sale to assist in the transition. This property has long set the standard for niche dining excellence and has a loyal and extensive clientele base. The food & beverage industry is poised for a record -breaking year and this listing will be at the forefront of the rebound.

Financial Information: 

Yearly Gross: $2,100,000
Cash Flow / SDE:
$204,324
Assets / FFE:
$(Included)
Inventory:
$(Included)
Real Estate: $1,300,000        
Financing:
Pending SBA Pre-Screen
Asking:
$1,900,000 ($1,300,000 RE, $600,000 business)

General Information:

Year Established: 1992

Facilities: Restaurant, catering, retail shop, outdoor venue

Type of location: Commercial
Growth and Expansion: Yes

Support/Training: Owner and staff will remain first season

Reason Selling: Retirement
Employees:  19 FT, 19  PT

Franchise: No Home-based: No Re-locatable: No

County: Confidential

For more information, please contact:
Company: ROI Corporation a BBANE Affiliate

Broker: Peter Spanos

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

Email: info@roibusinessbrokers.com