Confidential Restaurant Portfolio w/ 2 RE Owned Buildings
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Price improvement to $4,900,000—now including all FF&E. This confidential, restaurant-anchored portfolio pairs two co-branded restaurants with two income-producing buildings in Rockingham County’s most active downtown districts, generating $2.5M+ in annual gross revenue. Inclusion of the complete FF&E package delivers a true turnkey transfer and reducing capex. 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 including FFE & Listing Photos.
About the Business
- Years in Operation
- 8
- Facilities & Assets
- Building A is a well-kept 7-unit mixed-use asset (2 commercial/5 residential), ~9,030± SF with updated units/common areas, full restaurant buildout—industrial kitchen, bar, 49-seat dining room and 26-seat patio. Recent upgrades to HVAC, electrical, roof, and water heater; sealed basement for climate/pest control. Building B is a combined double-unit waterfront condo, renovated in 2023 with kitchen, bar, office and dining (90+ seats), walk-in cooler, new water heater, hood vent, AC, liquor license, and boat-launch access; strong HOA.
- 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
- 1171
Attached DocumentsAttachment Disclaimer
NDA_Prospective_Buyer_copy.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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