George & Company

New England Waterfront Seafood Restaurant & Real Estate Opportunity #15692

New Hampshire

 

Asking Price: $5,350,000 (Includes the Real Estate)

Cash Flow: $703,743

Gross Revenue: $4,658,097

Inventory: $30,000 (not included in asking price)


Business Description

 

  • Asking Price Includes the Real Estate
  • Historic Year-Round Seafood Restaurant located on the northeast waterfront.
  • Full liquor and retail licenses, additional outdoor seasonal seating, private parking.
  • Sellers have been utilizing a planned exit strategy / Management & Staff are in place.

 

This operation is more than just your typical restaurant with additional value-add revenue streams that both stand alone and enhance the restaurant.


Detailed Information



Inventory: $30,000 (not included in asking price)

Employees: 85

Facilities: The Restaurant is over 15,000 SF on a water front lot well over an acre. The    facility seats over 300 in several dining rooms with water views. Plenty of customer parking in private lot. Building and kitchen are in excellent condition with recent upgrades

Competition: This is a landmark Restaurant located in a dynamic New England seacoast region with strong local and tourist trades.

Growth & Expansion: Seller has plans for additional development of the real property which would enhance the restaurant and take advantage of strong commercial and tourist growth in the region.

Support & Training: In an effort to assure a seamless transition, the Sellers will provide the new owner(s) with a comprehensive transition period. A consulting agreement extending for an additional period of time is an option that can be discussed.

Reason for Selling: Retirement after 40+ years.

Contact: Chip Emerson & Jeff Lefebrve

Contact Phone: 508-753-1400  

Contact Email: info@georgeandco.com  


Looking for More Information?

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