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New England Waterfront Seafood Restaurant And Real Estate For Sale

New Hampshire, US
Asking Price:
$5,350,000 (USD) Furniture / Fixtures included
Sales Revenue:
$4,658,097 (USD)
Cash Flow:
$703,743 (USD)

Restaurant Opportunity

- Historic Year-Round Seafood Restaurant located on the northeast waterfront.
- Full liquor and retail licenses, additional outdoor seasonal seating, private parking.
- Sellers have been utilizing a planned exit strategy / Management & Staff are in
place.
- Asking Price Includes Real Estate.

This operation is more than just your typical restaurant with additional value-add revenue streams that both stand alone and enhance the restaurant.

Property Information

Premises Details:

The Restaurant is over 15,000 SF on a water front lot well over an acre. The facility seats over 300 in several dinning rooms with water views. Plenty of customer parking in private lot. Building and kitchen are in excellent condition with recent upgrades

Business Operation

Expansion Potential:

Seller has plans for additional development of the real property which would enhance the restaurant and take advantage of strong commercial and tourist growth in the region.

Competition / Market:

This is a landmark Restaurant located in a dynamic New England seacoast region with strong local and tourist trades.

Reasons for selling:

Retirement

Employees:
85

Other Information

Support & training:

In an effort to assure a seamless transition, the Sellers will provide the new owner(s) with a comprehensive transition period. A consulting agreement extending for an additional period of time is an option that can be discussed.

Inventory / Stock value:
$30,000 (USD)
Related Documents:

Contact George and Company

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