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Italian Restaurant In Fantastic Location
Location: United States -> New Hampshire
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

Bringing the classic fine dining Italian experience of Boston's North End to New Hampshire!

Seller has been operating the business for 19 years at this Main Street Location. One of the highest rated Italian restaurants in southern NH. The business had 2019 annual sales of $1,100,000, and additional $1,000 per month in cash catering business. This generates annual seller discretionary earnings (SDE) of $171,000. The business has FF&E of $30,000 and improvements of new equipment and buildout of additional $120,000.

In 2019 there were 23 employees, 11 full time and 12 Part time. 60 seats with additional 12 seats seasonally on the front sidewalk and 14 seats at the bar.

Sale Price of $190,000 - FF&E included in the sales price. Seller has been operating the business for 19 years at this Main Street Location. One of the highest rated Italian restaurants in southern NH. Annual sales of $1,100,000, and additional $1,000 per month in cash catering business. This generates annual seller discretionary earnings (SDE) of $171,000. The business has FF&E of $30,000 and improvements of new equipment and buildout of additional $120,000.

Sale Price of $190,000 - FF&E included in the sales price.
Reason for Selling: Owner Moving out of State


Financials

Asking Price Range:  < $250K
Gross Revenues:   $1,100,000
Cash Flow:   $171,000
Cash Flow Type:  EBITDA
Inventory:  $35,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  2018
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased

About The Sale

Reason For Selling:  change

Photos

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Italian Restaurant In Fantastic Location Photo 1 Italian Restaurant In Fantastic Location Photo 2




Print Listing Id: 700338180
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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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