Gorgeous Restaurant With Real Estate

Location: United States -> New Hampshire -> Lakes Region
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)

Businesses for sale Summary

Reduced Price and Motivated Sellers.
This restaurant for sale enjoys the strongest demographic in the NH Lake’s region and specializes in creative rustic cuisine. The restaurant has three separate and distinct dining areas that includes the main dining room with extraordinary 25 foot high ceilings and exposed timber frame, the pub room with a cozy fireplace and separate bar is perfect for groups and private parties, and the tavern area with bar, dining tables, fireplace, and pool table is the perfect place on a brisk winter evening or to meet friends after work.

The restaurant is a 200 year old fully renovated post and beam barn on 5 acres of land. There is an open air kitchen and seating capacity for 240.

The owners of the restaurant are absentee and realize that an owner operator will better capture the market opportunity. This is a favorite spot for locals in the cold season and flocks of summer tourists and second home owners in the warm season. Offered at $700,000. Email or call Jennifer Ort, Sales Administrator at (888) 988-0999 for more information.

Financials

Asking Price Range: $500K – $1.0M
Gross Revenues: $740,000
Cash Flow: Seller Will Provide
Cash Flow Type: Sellers Discretionary Cash
Inventory: $75,000
Seller Financing: Not Disclosed

About The Business

Year Established: 2006
Number of Employees: 10 – 19
Relocatable: Not Disclosed
Franchise: Not Disclosed
Current Real Estate: Owned
Property: Property For Sale

About The Sale

Management Training and Support: As needed.
Reason For Selling: Owners have other employment.