Iconic Hillsborough County Restaurant

Hillsborough County, NH

Seller Financing Available

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Asking Price:$579,000
Gross Revenue:$1,565,000
Established Year:2004
Cash Flow:$300,000
Rent:$3,600/Month
BUSINESS DESCRIPTION

Regionally Recognized,Desirable Full Service Restaurant Available.

With a Fully-Equipped Kitchen, Dine In & Patio Seating for Close to 100, this Desirable Business has Top of Industry Margins Due to Lower Concept Cost Of Goods and a Strong Liquor Mix..

Open 6 Days this 3,000 sq. Ft. Fit-Up has 20 Full & Part Time Employees.
Occupancy Cost is $3,600 mo. which is a Rare to find (3.0%) of Gross Sales Contributing to Top of Industry Owners Cash Flow!

Serving Lunch, Dinner, Quality Dishes, and Specialty Cocktails this Iconic Business also Offers Catering

Business, FF&E, Intellectual Property and Goodwill
Offered @ $579,000


DETAILED INFORMATION
Location
Hillsborough County, NH
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
3,000
Employees
20
Facilities
Fully Equipped Kitchen, Inviting Bar & Lounge Area & Tastefully Fit Up Dining Room
Growth & Expansion
Extended Hours of Operation Currently Opened 6 Days a week
Financing
Some Seller Financing By Owners to Qualified & Experienced Buyers
Support & Training
Owners Will Assist in Transition for 2 Weeks
Reason for Selling
Owners Retiring after Decades of Success
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Jay
DelMonte
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Jay DelMonte