Landmark Restaurant and Bar Loved by Locals and Tourists with Real Estate!

chicken-fingers
$395,000

Listing #: 1644
Location: Lakes Region, Central NH
A Casual pub boasting good food served in a friendly atmosphere. The mix of business is approximately 48% alcohol, 40% food. There is seating for approximately 45 people year-round, with the addition of more seating when the weather in nice. This business has remained profitable year-round, as well as throughout Covid, while also increasing food sales with a significantly growing takeout business. The establishment is currently licensed for full service until 1am daily, but the current owners are not utilizing it for the full allowance. Opening for more days/hours would be an extra opportunity for increased sales & profits. As an individual buyer, this would be a great chance to live where you vacation while running a profitable, well respected & established business. Or, if you’re already an established restaurant owner, this would make a great addition to your hospitality group portfolio

Financial Information:

Yearly Gross: $787,000 (2021)

Cash Flow / SDE: $150,000

Assets / FFE: $(Included) Inventory: $20,000 (Not Included)

Real Estate: $250,000
Financing: Pending SBA Pre-Screen

Asking: $395,000 (business)

General Information:
Year Established: 2005
Facilities: Free standing building on busy road with parking and additional outside seating
Type of location: Tourist and year-round Growth and Expansion: Open more days/ hours
Support/Training: Owner will assist in a smooth transition
Reason Selling: Owner relocating Employees: 3 FT 8-10 PT
Franchise: No Home-based: No Re-locatable: No
County: Belknap

For more information, please contact:
Company: ROI Corporation a BBANE Affiliate
Broker: Gary Rayberg
Phone: 781-682-6209 ext. 208
Email: prospect@roibusinessbrokers.com