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Monadnock Area Family Restaurant & Bar
Location: United States -> New Hampshire -> Monadnock Region
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

This is a terrific opportunity to control your own destiny and move up to ownership of your own restaurant and sports bar business. This business makes money and has a wonderful family-friendly atmosphere. For 27 years, customers come back, again and again. It would be an ideal business for an experienced restaurateur, husband and wife team or partnership. Sales have averaged just under $900,000 a year, producing discretionary earnings to the owner of $170,000 plus this past year. The nearly 5,000 square foot location is highly visible from the state highway in a very busy commercial mall location. Seating consists of booth seats in the dining room and ample seating in the bar section. This is a turnkey business with long term, trained, full- and part-time employees, point of sale accounting and ordering system and completely up-to-date, fully-equipped and under code kitchen. Everything is in excellent condition cleaned and polished daily. Additionally, there is a long term lease in place with renewal options.

The business, including long term lease, good will, training during the transition to a new owner, non-compete agreement, website, $150,000 worth of furniture, fixtures and equipment are offered at a value price of $395,000 plus, the value of the inventory and supplies at cost. The inventory and supplies are valued at approximately $20,000 depending on the date of the sale of the business. For more information, call 603-715-1097.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $894,371
Cash Flow:   $170,957
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  1990
Number of Employees:  6 - 9
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Support and training during the transition is available.

Photos

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Monadnock Area Family Restaurant & Bar Photo 1




Print Listing Id: 700286184
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > New Hampshire Businesses For Sale > New Hampshire Franchises For Sale > New Hampshire Business Brokers



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