Pizza Restaurant in White Mountain Region

Price: $400,000

Location: New Hampshire

Industry: Food and Restaurants

Listing ID: 08032023

***POSSIBLE SELLER FINANCING AVAILABLE***

Freshly renovated, turnkey, <40-seat restaurant featuring pizza and Mediterranean cuisine nestled in a popular destination in the White Mountains. Indoor and outdoor seating available.  Business is approximately 2/3 takeout/delivery and 1/3 eat-in.  Small, reliable staff and newer equipment make this an easy set up for the next owner’s success.

Open 6 days a week. The business is priced to sell with a highly motivated owner. Seller will provide hands on training to ensure a smooth transition The seller is seeking retirement.

 

  • Asking Price: 400,000
  • FF&E: $40,000
  • Inventory: $16,000
  • Annual Cash Flow: $180,000
  • Gross Revenue: $500,000
  • Employees: 2 FT 2PT
  • Monthly Rent: $ 2,000
  • Security on Lease: $2,000
  • Down Payment: Negotiable
  • Open: Tuesday – Sunday
  • Building Size: 2,000
  • Established: 2012
  • Reason for selling: Owner is seeking retirement.

 

Listing Details

Gross Revenue: $500,000

Cash Flow: $180,000

FFE: $40,000 (Included in Price)

Inventory: $16,000

Reason For Sale:

Owner retiring

Training & Support:

Seller is willing to mentor next owner and assist with transition.

Operation

Year Established: 2012

Year of Last Acquisition: 2020

Days & Hours of Operation: Tuesday through Sunday, Noon -9pm

Owner Hours Per Week: 60

Non-Owner Payroll: $6,000

Employees: 2FT, 2PT

Managers: Owner

Location

Security on Lease: 2000

Monthly Rent: 2000

Type of Location: multi-tenant building

Square Footage: 2000

Facilities Information:

Seller has renovated and refreshed the image both in and out. Decor is trendy and attractive, well-matched to the vibe of the community.

Summary

Owner Qualifications:

Owner should have prior experience in restaurant management.