Confidential Restaurant-Anchored Investment Portfolio – 2 Buildings
Business Description
This listing is for two distinct buildings and two co-branded restaurants. With a combined gross income of over 2.5M annually this exclusive portfolio combines hospitality operations with income-generating real estate in two of Rockingham County’s most active downtown districts. Strong foot traffic, tenant retention, and brand recognition to support continued revenue growth. Building profile consists of a 7 unit mixed use building (5 res/2 comm) and a double unit condo with back facing water frontage. Buyer info sheet and signed NDA required for detailed breakdown of financials, FF&E and listing photos.
About the Business
- Facilities & Assets
- This listing is for two distinct buildings and two co-branded restaurants. The building profile consists of a 7 unit mixed use building (5 res/2 comm)fully rented and a double unit condo with back facing water frontage. Both in prime downtown locations. Latter location (condo) has been fully renovated and both showcase modern kitchens, vintage architecture and fully operational buildings with the well maintained infrastructure to support continued growth. Additionally, several of the residential units have been updated
- Market Outlook / Competition
- Located in two of Rockingham County’s most active downtown districts. Highly visible with strong foot traffic, tenant retention, and community engagement to support continued revenue growth. Moodys CLS of +860. 7-unit property enjoys a low vacancy rate with many long term tenants in place. Area is well sought after and rental properties are in high demand.
- Opportunities for Growth
- Sellers have several ideas for growth which include added seating by the water, increasing service hours to meet demand, using current liquor licenses to develop new sales opportunities and leveraging well received/established brand recognition for possible franchising or expansion. Residential/commercial space units are positioned to bring rents up to market rate and more in line with area competition.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 11,174
About the Sale
- Seller Motivation
- Businesses have been optimized to sell- looking to grow real estate portfolio.
- Transition Support
- Transition training available and negotiable if needed.
Listing Info
- ID
- 2379809
- Listing Views
Attached DocumentsAttachment Disclaimer
Buyer_Vetting_Sheet_Commerical.pdf
Listing ID: 2379809 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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