Established Portsmouth NH Restaurant & Bar - Strong Brand
Excellent High Traffic Location with Off-Street Parking
Marketing description
Rare opportunity to acquire a highly regarded and well-established restaurant in Portsmouth, NH. The restaurant has built a strong reputation for its modern cuisine, vibrant atmosphere, elevated cocktail program, and broad customer appeal within one of New England’s premier dining destinations.
The business generated over $2 Million in revenue and presents a turnkey opportunity for an owner/operator or hospitality group seeking an established brand with strong infrastructure and growth potential.
Concept & Market Position
The restaurant is known for its modern culinary approach emphasizing fresh, local ingredients and elevated presentation. The restaurant successfully bridges casual dining and premium culinary experiences, attracting both loyal local patrons and the Seacoast’s strong tourist traffic.
Facilities: The restaurant operates from a fully built-out and well-maintained 3,600+/- SF facility designed to accommodate dine-in service, private events, and bar/lounge operations. It also has an outdoor patio with off-street parking.
Seating & Event Capacity
- Main Dining Capacity: Approximately 90–120 guests
- Outdoor Patio: 50 guests
Competition: Portsmouth is known for its eclectic and robust food and beer scene, with a vast number of dining and drinking options for a city of its size. Locals and tourist alike frequent them, year round.
Growth & Expansion:
- Reintroduce full lunch service throughout the week
- Expand late-night bar operations
- Increase private event and catering revenue
- Extend operating hours
- Leverage the established brand for additional concepts or locations
Support & Training: Management in place so support and training should going smoothly.
Investment highlights
Asking Price for Business: $400,000
Revenues: $2,085,000
Furniture, Fixtures, & Equipment (FF&E): $TBD Est. (included)
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