Motel, Restaurant, RV Sites , Apartments in Coos County, NH – Owner Financing Availble
Price: $1,505,693
Location: Coos County, NH
Industry: Food and Restaurants
Listing ID: CM8523
SOME OWNER FINANCING AVAILABLE!!!
This turnkey business has both local and tourist income year-round! From sightseers in spring, summer and (especially) fall to the ski and snow-mobile tourists in the winter.
There is a restaurant and pub with a function room, 9 motel rooms and 3 rental apartments above. There are currently 5 RV parking spaces with several more being developed. It is in a very popular tourist area and has great year-round traffic and is currently open 6 days.
Note: Financials are seller-provided and not audited by Inbar Group ,Inc.
Listing Details
Gross Revenue: $2,136,532
Cash Flow: $490,231
EBITDA: $542,492
Inventory: $35,000 (Included in Price)
Real Estate: $650,000
Terms and Conditions?:
Might be available. Incidental to the sale of the business. Subject to commercial appraisal. Seller estimates the value at $650,000.
Reason For Sale:
Seller is seeking retirement
Training & Support:
Seller will stay on to assist with transition
Operation
Year Established: 2012
Days & Hours of Operation: Open 6 days
Non-Owner Payroll: $543,806
Employees: 31
Summary
Potential Growth:
Consider opening 7 days.
Continue to grow and expand the RV business