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  • RE:  Salem-Nashu, NH--Restaurant, 2 Bars, Entertainment
  • Contact:  Dennis
Owner Financing is Available!
550,000 at 6% m amortized over 20 years

Quick Facts

Asking Price: $700,000
Annual Revenue: $1,000,000
Net Profit: $200,000
Cash Flow: $200,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2020
Employees: Not Disclosed
BBN Listing #: 950827
Broker Reference #: JP111

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Business Overview:

SELLING PRICE:$700,000 DOWN PAYMENT: ONLY $150,000 dn

SALES VOLUME:$15,000 - $20,000/week

LEASE:$10,000/month grossYears left: 1 YR + 3 five year options

SQUARE FOOTAGE: 5,100 square feet.

HOURS OF OPERATION: 5 days; mostly 4 pm – 10 pm, Sun: 3 pm – 8 pm

SEATING:136 inside & outside (24 seats at inside bar, 12 seats at the outside bar)

REASON FOR SELLING: Significant family health issues.

COMMENTS: Food cost: 25%, labor: 17%-22%...30 craft beer taps, 10K followers on Facebook and $250,000 in catering contracts make this an excellent opportunity for a seasoned operator. Live entertainment most nights. Huge parking lot on a major road; town sewerage. Over 1,000 new hi-end apts. close by. Over a million was spent on the build-out…mostly in the kitchen. THE BUSINESS NEEDS A CONCEPT ADJUSTMENT.

Wait till you see this place. This is the DEAL OF THE CENTURY for an experienced operator.

Contact Dennis using reply to this ad button.

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Property Features and Assets:

5,100 square feet ...all new build-out that cost over $1 million. The best kitchen equipment. Outside patio bar.

Great for private parties and functions.  Absolutely pristine.

A seasoned operator will make a fortune.

Market Competition and Expansion:

No competition in the area.

Reason for Selling:

Family health issues

Additional Details:

  • The property is Leased.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

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