Listed by Lang McLaughry Commercial Real Estate
$850,000
Shilohs Restaurant
Details
Property Type Hospitality, Business for Sale
Sub Type Business and Building
Square Footage 4,569
Cap Rate 6.47%
NOI $55,000
Occupancy 100%
Price per SqFt $186
Class B
Buildings 1
Zoning C-Commercial
Investment Type Owner/User
Successful local restaurant for sale
Marketing description
Sitting at the major intersection in town, Shiloh’s is a long-time family favorite serving the Woodsville and surrounding communities for over 15 years. This successful restaurant serves breakfast, lunch, and dinner featuring classic American fare including homemade breads and soups, salads and more. With a seating capacity of 110 this charming spot features two fireplaces and an entry space separating the two dining areas. A fully outfitted kitchen is very well maintained and equipped. The building features an enormous basement space that is used primarily for storage now, but has been used to house the successful catering division of the business in the past – something that could easily be revived by the new owner! Step into this well run, successful business and create your own restaurant dream! Details and financials with signed NDA.
Investment highlights
- Long history of success for this favorite local restaurant. Turn-key.
Listing Contacts
Listed by Lang McLaughry Commercial Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$55,000.00
$4,583.33/mo
Valuation Metrics
0
DSCR
6.47%
Cap Rate
6.47%
ROI
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