Northern New Hampshire Brewery and Restaurant

Asking Price$295,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$550,900

Inventory$11,000
Not included in asking price
FF&E$158,816
Included in asking price
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Northern New Hampshire Brewery and Restaurant


Asking Price$295,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$550,900

Inventory$11,000
Not included in asking price
FF&E$158,816
Included in asking price

Seller Financing Available
Business Description
Popular Community Meeting Place
Located in Coos County this small craft brewery and restaurant is strategically located along a very busy north-south route in the White Mountains region of New Hampshire. They offer a rotating collection of Pale Ales, Ciders, Seasonals, and Unique Experimental Beer. The restaurant, 7 years running as a WMUR “Best Of” People’s Choice Award Winner, features a full menu including weekly entrée and dessert specials, as well as Sunday breakfast specials.
The business was created in 2018 by the current owner and operates as an LLC. The restaurant and brewery operate out of a turn of the century (1899) brick bank building, utilizing the basement and a scenic patio area which includes a seasonal draft system. Brewing equipment includes a dual 3 BBL electric Colorado brew system with four 5 BBL fermenters, two 3 BBL fermenters and one 5 BBL Brite tank.
About the Business
Years in Operation
8
Employees
7 (2 Full-time, 5 Part-time)
Facilities & Assets
The building where the brewery and restaurant are housed is well maintained and turn-key with the leasehold improvements completed by the sellers. The space is completely functional for the purposes of this business and attractive for retail customers of the restaurant. 90% of all furniture, fixtures, and equipment were purchased new by the sellers and are in good to very good condition and in use.
Market Outlook / Competition
The brewery competes with other breweries and restaurants in Coos County within a 25-mile radius. The competitive advantage of this brewery is its waterfront location, its dynamic and fluid food menu, and speakeasy vibe. Its disadvantage is its smaller size, limited hours, and rural marketplace.
Opportunities for Growth
-explore distribution opportunities beyond the restaurant
-utilize Untappd and other platforms like Spot Hopper through US Foods
-separate responsibilities for overseeing the restaurant and brewery
-expand operating hours and the amount of days open beyond 4 days per week
-expand web presence, especially the website
-expand marketing opportunities to increase brand awareness for brewery products
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
3,000
Rent
$2,500.00 per month
About the Sale
Seller Motivation
The current owner is looking to semi-retire and pursue other interests.
Transition Support
The seller will train a new buyer at no charge for up to two weeks after closing and will negotiate a longer consulting/employment agreement depending upon the needs of the buyer. The seller is also willing to sign a non-compete agreement as negotiated with the buyer.
Financing Options
Limited seller financing terms to a qualified buyer.
Listing Info
ID
2494953
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Business Listed by: Jay Polimeno Sunbelt Business Brokers of NH

Listing ID: 2494953 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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