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Popular Downtown Pizzeria In Merrimack County, Nh For Sale

Merrimack County, New Hampshire, US
Asking Price:
$575,000 Furniture / Fixtures included
Sales Revenue:
$950,000
Cash Flow:
$210,000

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!

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

Property Information

Real Estate:

Lease

Lease Terms:

25 years remain on lease with an option to renew for an additional 10 years

Leasehold Rent:

$51,600 per annum

Location:

Downtown village location in mixed use building

Size in square feet:
3,900

Business Operation

Reasons for selling:

Retiring

Trading hours:

Monday - Saturday, Lunch and Dinner

Employees:
12
Years established:
30

Other Information

Support & training:

Current Owner will assist in transition

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Business is being reviewed for SBA financing. Owner may offer financing

Furniture / Fixtures value:
$45,000 - included in the asking price
Inventory / Stock value:
$20,000