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.
Note: Financials are seller-provided and not audited by Inbar Group, Inc.
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.