Classic New England Tavern with Outdoor Seating
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Classic New England Tavern with Outdoor Seating
Est. community favorite with loyal clientele & strong reputation
This award-winning New England tavern represents an exceptional opportunity to acquire a well-established restaurant business in Sullivan County, NH. Operating since 2016, this beautifully designed 2,400 square foot establishment has become the premier gathering place for locals and surrounding communities, earning widespread recognition for exceptional food quality and warm hospitality.
Business Overview:
- Annual Revenue: $1,006,000
- Seller's Discretionary Earnings: $24,000
- Asking Price: $1,950,000 (includes real estate valued at $1,200,000)
- FF&E Value: $145,000
- Inventory: $12,450 (included in sale)
Key Strengths:
- Only restaurant in town, ensuring captive local market
- Serves boarding school community including students, faculty, staff and visiting families
- Scratch kitchen differentiates from regional competition
- Strategic location less than 20 minutes from Dartmouth Health, 30 minutes from Dartmouth College
- Award-winning reputation with faithful following
- Well-maintained facilities with updated equipment
- Large property allowing future expansion possibilities
Growth Opportunities:
- Expand operating schedule from current 5-day week to 6-7 days
- Reintroduce lunch service and popular Sunday brunch
- Develop catering for off-site events
- Increase private and corporate event bookings
- Add delivery service, particularly late-night options for boarding school
- Consider food truck for local celebrations and farmer's markets
The current owner offers comprehensive training and community introductions during a negotiable transition period. The business includes a new Toast POS system with extensive training resources. This fully operational establishment provides an ideal opportunity for new ownership to step into a profitable, community-centered business with significant expansion potential.
Owner retiring after building this cornerstone establishment into the area's premier dining destination.
Est. community favorite with loyal clientele & strong reputation
This award-winning New England tavern represents an exceptional opportunity to acquire a well-established restaurant business in Sullivan County, NH. Operating since 2016, this beautifully designed 2,400 square foot establishment has become the premier gathering place for locals and surrounding communities, earning widespread recognition for exceptional food quality and warm hospitality.
Business Overview:
- Annual Revenue: $1,006,000
- Seller's Discretionary Earnings: $24,000
- Asking Price: $1,950,000 (includes real estate valued at $1,200,000)
- FF&E Value: $145,000
- Inventory: $12,450 (included in sale)
Key Strengths:
- Only restaurant in town, ensuring captive local market
- Serves boarding school community including students, faculty, staff and visiting families
- Scratch kitchen differentiates from regional competition
- Strategic location less than 20 minutes from Dartmouth Health, 30 minutes from Dartmouth College
- Award-winning reputation with faithful following
- Well-maintained facilities with updated equipment
- Large property allowing future expansion possibilities
Growth Opportunities:
- Expand operating schedule from current 5-day week to 6-7 days
- Reintroduce lunch service and popular Sunday brunch
- Develop catering for off-site events
- Increase private and corporate event bookings
- Add delivery service, particularly late-night options for boarding school
- Consider food truck for local celebrations and farmer's markets
The current owner offers comprehensive training and community introductions during a negotiable transition period. The business includes a new Toast POS system with extensive training resources. This fully operational establishment provides an ideal opportunity for new ownership to step into a profitable, community-centered business with significant expansion potential.
Owner retiring after building this cornerstone establishment into the area's premier dining destination.
About the Business
- Years in Operation
- 10
- Employees
- 19 (5 Full-time, 14 Part-time)
Chef 40yrs exp, FHM 10+ years with us. Many longtime servers. - Facilities & Assets
- Built in 2015 with energy efficiency and longevity in mind, the restaurant is on 2.5 acres and co-exists in the rural community. The tavern was designed and has succeeded as the ultimate neighborhood hangout. Indoor seats for 76 (34 in the tavern room, 42 in the dining room). An additional 48 seats in the beer garden & 24 on the enclosable awning covered deck are available seasonally. The immaculate 750 sq. ft. kitchen includes the main kitchen and a large dish pit. A 350 sq. ft. pizza room was added in 2020 housing 2 wood fired pizza ovens. There is 900 sq. ft of basement space and a large outdoor walk-in freezer/ fridge. Well lit off street parking for 46 cars. The tavern has both town sewer and water. The land behind the tavern (shown on the tax map provided) has past approval for an additional building for guests for short terms stays or an additional function room. The tavern is located across the street from a 350 student independent boarding school with 100 staff on campus.
- Market Outlook / Competition
- Location is everything. We're fortunate to be the only restaurant in town which guarantees residents and local customers from the boarding school including students, faculty, staff, families and visiting school teams. We also draw from the surrounding communities. While there are restaurants within a 20 mile radius, we are only one of a handful that has a scratch kitchen. We opened to address the lack of great places to eat in the area. We're less than 20 minutes from Darmouth Health and 30 minutes from Dartmouth College.
- Opportunities for Growth
- We're thriving, but there's room to expand. A new owner might consider:
Expanding hours: Reintroducing lunch & popular Sunday brunch.
Adding days: bringing hours up from the current 5 day week to 6 or 7.
Expanding catering to off-site events.
Soliciting more private & corporate events.
Adding delivery - especially to the local boarding school with late-night pizza & snacks.
Adding a food truck for local celebrations, events & farmer's markets.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 2,400
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- The current owner is happy to work along side of any new owners to show the day to day and month to month tasks as well as introduce them to the community which are a huge part of our success. This period of time can be negotiated. There is also a new Toast POS system and lots of training available for that.
Listing Info
- ID
- 2544456
- Listing Views
- 1
Attached DocumentsAttachment Disclaimer
Listing ID: 2544456 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. See our full Terms of Use. Learn how to avoid scams.
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