Successful Restaurant & Bar - Busy Location

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Have You Always Wanted to Have Your OWN Restaurant ? - 20yrs Established !
Asking Price:
$195,000

Gross Revenue:
$311,400
Cash Flow:
$76,400
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$12,000
included in asking price

FF&E:
$27,620
included in asking price

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Business Description

Profitable Restaurant established in the area for 30 years. The restaurant is on a main road with high visibility, and plenty of parking. The customer base includes 60% Dine In, 38% Take Out and only 2% Delivery, so there is room for growth. Many customers are repeat customers due to the quality of the food and the service provided. There is many factors that make this an excellent opportunity - Location, Established Name, Loyal Clientele, Profitable.

About the Business

Year Established:
2006
Number of Employees:
3ft 1pt
Real Estate:
Leased
Building Sq. Ft.:
1,100
Lease Rate/Sq. Ft./Mo.:
$2,500.00
Facilities:
The restaurant has 27,000 worth of Kitchen Equipment and Dining Room Furniture. The lease is a ten year term. parking for 60 cars.
Market Outlook/
Competition:
There are other restaurants in the area - this one has been profitable for many years.
Growth & Expansion:
Currently the delivery is only 2% it could easily be much more.
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About the Sale

Reason For Selling:
Retirement
Training/Support:
Two weeks

Listing Info

ID:
1488834
Ad Detail Views:
977

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$
months
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Business Listed by

Joe Howell

East Coast Business Brokers LLC

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U.S. Census Data for Rockingham County, NH
Age

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Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Rockingham County, NH
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Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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