THE Business for Sale Marketplace

Asking Price: $195,000

Gross Revenue: $603,000

Cash Flow: $56,000

Inventory: $3,000 (Included in Asking Price)

FF&E: $50,000 (Included in Asking Price)

Seller Financing: Available to qualified buyers.

Located in the heart of New Hampshire's White Mountains, this popular pizzeria and Italian restaurant generates very strong revenues and positive cash flow. The business has been in existence for 21 years and has a very loyal following with locals and tourists alike. Specialties are pizzas, calzones, submarine sandwiches, and Italian specialities. Lease terms and rent are easily supported by the business and fall well within industry standards.

Year Established: 1986

Employees: 4 full time - 7 part time

Facilities: 3000 square feet of space, all on one level, located in a strip mall. Building is in fair to good condition. F, F, & E is in good to excellent condition. Restaurant has a large kitchen, food prep area, dining room with seating for 90+, ample storage, large counter area, and restrooms. There is parking for over 100 cars in the parking lot and additional parking available on the street.

Market Outlook and Competition: There are other pizza restaurants in the area, but this establishment seems to have the greatest market share. The quality is on the higher end of what is available and pricing is well in line with the competition. The area that the business is located in is a growing tourism destination with a lot of high end development in the works. There is also an anticipated increase in year-round residents to accommodate the needs of the increased number of second homeowners. All indications are that the area will be in a strong growth mode for the next five plus years, positively impacting all businesses in the area.

Management Training and Support: Seller is willing to train for up to two weeks at no charge and may stay on at salary for the right buyer.

Reason For Selling: Seller is getting older and is ready to semi-retire and work part-time.