White Mountains New Hampshire Restaurant with Real Estate
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Merland’s Tap & Table is a downtown North Woodstock restaurant located at the intersection of Route 3 and a New Hampshire designated scenic highway, Route 112 (Kancamagus Highway). The two-story restaurant features a family friendly dining room and two full bars, one of which features a pool table, jukebox, foosball table, and shuffleboard. In addition, a third floor includes a 3-bedroom apartment, a 2-bedroom apartment, and a 1-bedroom apartment. Offered for purchase is both the business and real estate.
The market area in the Lincoln-Woodstock area is an ever expanding destination. Merland’s Tap & Table caters to both locals and visitors, with the busiest seasons being summer, fall foliage, and ski season.
Financials and more details will be shared with qualified buyers who sign an NDA and disclose available liquid capital.
The market area in the Lincoln-Woodstock area is an ever expanding destination. Merland’s Tap & Table caters to both locals and visitors, with the busiest seasons being summer, fall foliage, and ski season.
Financials and more details will be shared with qualified buyers who sign an NDA and disclose available liquid capital.
About the Business
- Years in Operation
- 23
- Employees
- 7 (4 Full-time, 3 Part-time)
- Facilities & Assets
- The building was built in 1920 and is in good shape. Roofs have been replaced and/or repaired in the last 4-8 years. The kitchen is inspected annually, as are the fire suppression and exhaust systems. The property is serviced with electric heat in the residential apartments, propane water heater and heat in the restaurant areas, supplemented by electric mini-splits. Furniture, fixtures, and equipment are in good condition.
The building is approximately 9000 square feet, consisting of three floors. The lower level, approx. 4000 sq. ft., includes a pub, kitchen, patio dining, and a cozy fireplace in the front dining area; the middle floor, approx. 2500 sq. ft., features a sports bar and family dining room; the top floor houses three apartments, approximately 2500 sq. ft. A smaller dining room on the first level used for storage could be converted to an additional dining area. Total seating capacity for the bars, dining room, and outside patio is 226. Ample parking available. - Market Outlook / Competition
- Although there are multiple restaurant opportunities in the Lincoln-Woodstock area serving thousands of visitors and locals, Merland’s Tap & Table is unique in that they offer two separate bars (one of which includes bar games), a family friendly dining room, a very visible location (this building is the longest continually operating restaurant in the two towns!) with ample public parking, and a long history of serving the public from their location.
- Opportunities for Growth
- The business is easily scalable by reopening the downstairs dining room, expanding the days of the week from the current 4 days per week that the business is open, increasing menu offerings and pursuing private function business.
Marketing can be enhanced by the creation and promotion of a website and the expansion of their social media presence.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 9,000
About the Sale
- Seller Motivation
- The current owners are looking to semi-retire and concentrate on other business
- Transition Support
- The sellers are happy to work through the transition and 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 sellers are also willing to sign a non-compete agreement for this style of restaurant, as negotiated with the buyer.
- Financing Options
- Sellers are willing to discuss limited seller financing terms to a qualified buyer ba
Listing Info
- ID
- 2551776
- Listing Views
Business Location
Listing ID: 2551776 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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