Popular Downtown Pizzeria in Merrimack County, NH

Price: $575,000

Location: Northern New England

Industry: Food and Restaurants

Listing ID: MT71323

A local favorite, this charming pizzeria offers ample indoor seating for 100 with a wrap-around deck with 40 seats for outdoor dining overlooking the riverfront.  Nestled in a quaint, downtown village setting, the location offers ample parking and is only 3/10 of a mile from a college campus and 2 miles from a popular ski area. Well-established with a long history prior to acquisition by current owners who have been running the restaurant for 18 years, sales are evenly split between take-out and dine-in service.  This comfort food hotspot has a solid reputation among the locals as well as tourists. 25 years remain on the lease with an option to renew for an additional 10 years. Opportunity for increased sales by expanding bar service from beer and wine only to full bar and/or extending service hours.  This is an outstanding opportunity to take a successful restaurant to the next level!


Year Established: 1990

Year of Last Acquisition: 2005

Days & Hours of Operation: Monday-Saturday, Lunch and Dinner

Owner Hours Per Week: 60

Non-Owner Payroll: $17,000

Employees: 12 PT


Security on Lease: 2000

Monthly Rent: 4300

Type of Location: Downtown Village, Mixed-Use Building

Square Footage: 3962


Historical Summary:

Annual Cash Flow: $210,000

Gross Revenue: $950,000

FF&E: $45,000 included

Reason for selling: Owner seeking retirement.

Owner Qualifications:

Previous experience in hospitality and food service industry is highly recommended. Current owner will assist with transition.