FLIGHT LINE RD Portsmouth NH 03801

This well-known café/restaurant has been a popular spot for breakfast and lunch for years. It’s in a high traffic location with off-street parking and a large local following. The café is one of only a few restaurants serving breakfast in the area. It is locally owned and operated. It has a loyal following, long-term staff and is known for quality food served at reasonable prices.

Great opportunity for a buyer looking for a turnkey breakfast & lunch café with a track record of success.

Highly confidential, please complete the NDA or reach out to [email protected] to request an electronic version.

Detailed Information:

Business Price: $120,000

2023 Revenues: $580,000

Furniture, Fixtures, & Equipment (FF&E): Approximately $66,000 Est., included

Inventory: $3,500 Est.

2023 Seller's Discretionary Income: $156,000

Real Estate: Lease in place

Facilities: The restaurant is approximately 3,100 +/- square feet. It is highly visible with lots of drive-by-traffic and ample parking. It serves breakfast and lunch only and has long-term lease in place.

Growth & Expansion: There are opportunities for growth which are outlined by the Seller in the confidential package.

Support & Training: Seller is willing to stay on to assist in support and training for a limited time.

Reason for Selling: Divestiture

Great opportunity to acquire a restaurant space in Portsmouth, NH that is ideal for a variety of restaurant concepts. The space is nearly 2000 SF with up to 50 interior seats and a permit for 30 additional seats outside on the patio. The furniture, fixtures and equipment are in excellent condition, much of it newly purchased within the past 5 years. Restaurant spaces with this nice of a kitchen don't come up very often in this seaside, foodie town. It even has off-site parking, not typical in Portsmouth.

Detailed Information:

Asking Price: $125,000

Furniture, Fixtures & Equipment (FF&E): $80,000 estimate

Lease: Landlord willing to provide long-term lease to qualified buyer.

Facilities: The restaurant space has significant improvements made in the past several years and the kitchen is in excellent condition. It's approximately 2000 square feet with 50 interior seats and a permit for outside seating for 30 guests.

Competition & Growth: There are lots of restaurants in Portsmouth and restaurant space is hard to come by, especially one that is in this condition. The town has a population that is very supportive of local restaurants, and it is a large tourist destination year-round. Bring your ideas and creativity to this turnkey space.

Support & Training: Staffing is in place and owner expects them to stay for the transition.

Reason for Selling: Divestiture

Turnkey restaurant space which includes all FF&E and a favorable lease rate within the market.