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Business for Sale Summary

Fine Dining Restaurant/Bar - 27408

Business Type: misc. retail/non-classifiable,other eating & drinking places,other food stores,other business services,restaurant/ cafes
Fine Dining Restaurant/Bar
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Financial Information (non-confidential)

General Information
Asking Price $149,000 Down Payment $100,000
Gross Revenues $425,000 Lease Remaining Register Free to View
Owner’s Cash Flow $65,000 Number of FT Employees Register Free to View

Financing

$100,000 Down and $49,000 at 6% over 12 Months

Business Description

Prime Downtown NH Fine Dining Restaurant/Bar. One of the best restaurant locations in all of New Hampshire. Located in a beautiful coastal city, with a unbeatable view of historic downtown. Restaurant space is extremely difficult to secure here. Restaurant location is one of the very best for foot traffic, located directly in the heart of the city. The restaurant serves an amazing brunch and dinner. Owner does many small functions at the restaurant, recital dinners, parties, etc. Cuisine is some of the best in all of the city. Chef/Owner will stay on to train or stay on for extended period for smooth transition. Limited seating street side. Restaurant seats just under 50 and bar seats over 15. Upscale and stunning space. Many years left on lease. $6,000/mo includes taxes, water and heat. Comes with one parking spot for owner. Restaurant is approximately 2,800 square feet. Excellent kitchen and equipment. Restaurant is currently closed Sunday and Monday evenings for dinner. Restaurant does no social media or advertising. New owner could do MANY different things to add to the bottom line. Proof of funds required before showing.

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Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.