"Mangia, Mangia, Mangia" - Italian Restaurant & Lounge
| Asking Price: | $495,000 | Inventory: | |
| Gross Revenue: | Not Disclosed | Real Estate: | $450,000 ++ |
| Cash Flow: | Not Disclosed | FF&E: | n/a |
| ++ included in the asking price ** not included in the asking price | |||
Whitefield, NH - "Mangia, Mangia, Mangia" An Italian Restaurant & Lounge located in charming C. 1840, 12 guest room Inn consisting of 8815 square feet. Includes a 4 room owner's apartment. Sitting on 4.3 acres with long frontage on the area's main highway (RT. 3), offers outstanding visibility and accessibility. Snowmobile trail passes side door, adjacent to a Summer Stock theater, minutes from a Grand Hotel/Spa/Golf that refers guests year round. Boasts a full commercial kitchen, large & smaller dining rooms allows seating for over 100, large eat in bar area, & much more. Ground floor of this long established facility was renovated in 2008 & opened as an Authentic Italian restaurant & lounge. Today it has become a very popular place to eat, & is performing exceptionally well. Second level rooms & owner's apt. have been cleaned, but not renovated or furnished. Guest rooms & owner's apt. needs cosmetics, and furnishings. This is truly an exceptional opportunity, & a simple operation to run.The sale includes all equipment, etc. to operate the restaurant/lounge. The items on the menu are all very popular & all sell. The same is true for the wine & beer lists. This is a winner ... $495,000.
About the Business
Employees:5 full time - 2 part time
Facilities:An 8815 Square foot building of exceptional character that has had the first floor recently renovated & is fully operating as an Italian restaurant and bar/lounge & it is an attractive & unique building & business. The Tower section & second floor requires cosmetics and/or needs furnishings. It is located on 4.2 acres on RT 3 which is the main road from I-93 in NH, all the way to Quebec , Canada . More than ample parking area, adjacent to a very popular Summer Stock Theater & is minutes from a Grand Hotel/Spa/Golf.
Market Outlook and Competition:For an Italian menu, this is the only place like it in Northern NH & it is in a prime location. Of the few other restaurants, they are not in competition with this one. In addition to all of it's current attributes, there is room to expand & grow as it is not close to meeting it's full potential.
About the Sale
Management Training and Support:Business manager willing to spend a week or two assisting a new owner.
Reason For Selling:Other Interests
Sell Your Business | This listing has been viewed 144 times
advertisement
 |  | ||||
| |||||
 |  | ||||
| | |
|
Recommended Resources
Sponsored Links
| ||
| |
| | |
|
The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
| ||
| |
