Description
Great opportunity to acquire a beautiful turnkey restaurant in Portsmouth, NH. It can be challenging to find a restaurant of this size with indoor and outdoor seating and in such good condition. The owner spent a significant amount of money to completely buildout this space not too long ago. The furniture, fixtures and equipment are included in the sale along with a reasonable long-term lease with proper landlord approval.
This restaurant is in a high traffic location and nearby other restaurants, retailers, businesses and residences.
Detailed Information:
Asking Price: $150,000
Revenues: $1,072,940
Furniture, Fixtures & Equipment (FF&E): TBD
Lease: long-term lease is in place and would need landlord approval for transfer
Facilities: The restaurant space is approximately 3,800 square feet with an excellent kitchen, bar, and over 100 seats inside and approximately 30 outside.
Competition & Growth: There are lots of restaurants in Portsmouth but still plenty of room for new concepts that provide excellent food. Bring your own restaurant ideas to this space.
Support & Training: Staffing is in place and owner expects them to stay if offered similar positions.
Reason for Selling: Divestiture
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