Highly Successful and Well Managed Restaurant Opportunity
Asking Price: | $995,000 |
Gross Revenue: | $883,793 |
Real Estate: | $525,000 |
Cash Flow: | $323,128 |
FF&E: | $50,000 |
Established Year: | 2008 |
Popular Eatery in Northern New Hampshire
Shilohs Restaurant has been a mainstay in the Woodsville/Haverhill, NH area for over 15 years. This is successfully run business offering breakfast, lunch and dinner with classic American fare. The owners pride themselves in providing fresh, homemade breads, soups, salads, etc. and have many repeat diners as well as tourist visitors. Inside youll find two dining areas with tables and booths with tasteful electric fireplaces in each to provide the right ambiance on cold, damp days. The restaurant is allowed a seating capacity of 110. The kitchen is extensive and exceptionally well maintained and clean. The lower level is currently used for storage and office space but could easily accommodate an expansion to allow for small functions. The owners have had a fairly extensive catering arm of the restaurant but have scaled back on that since Covid but they continue to receive requests so it could easily be brought back up to speed. Did we talk about location? The property is located at a busy, well traveled, lighted intersection. This business is very successful, well run and primed for the next person to easily step in to taking it to the next level.