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Awesome Lakeside Restaurant In Lakes Region For Sale

Lakes Region, New Hampshire
Asking Price:
$995,000 (USD) Furniture / Fixtures included
Sales Revenue:
$1,114,728 (USD)
Cash Flow:
$196,574 (USD)

PRICE REDUCED! This profitable lakeside operation has been serving the local community, second home owners and vacationers for years. Excellent location, strong demographics and a well-maintained facility. There are multiple seating options in the restaurant to cater to a broad range of diners. This is a perfect business for a chef, experienced restaurateur, hospitality investor or experienced restaurant manager looking to purchase their own business. The business and real estate including $194,000 of furniture, fixtures and equipment, $58,000 worth of upgrades and capital improvements, training during the transition to a new owner, supplier and vendor contacts, good will, recipes and special food prep information, and non-compete agreement are available for $995,000, allocated at a value of $775,000 toward the real estate and $225,000 toward the value of the business, plus, the value of the inventory and supplies at the time of the sale of the business and real estate. The value of the inventory and the supplies range from $25,000 to $50,000.

Property information

Real Estate:

Real Property Included

Premises Details:

5000=/- square foot facility with lake frontage. Inside and outside seating. Access from land and water.

Business Operation

Years established:
2010

Other Information

Support & training:

Support and training during the transition is included.

Furniture / Fixtures value:
$194,000 (USD) - included in the asking price
Inventory / Stock value:
$40,000 (USD)

Contact Information

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