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Pizza and Sub Restaurant in Southern NH -$22K/week

Rockingham County, NH

Seller Financing Available
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Asking Price: $499,000

Cash Flow: $209,188

Gross Revenue: $1,032,978

EBITDA: N/A

FF&E: N/A

Inventory: $10,000*

Established: 2014

*not included in asking price.

Pizza and Sub Restaurant in Southern NH -$22K/week

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Business Description

Pizza and Sub Restaurant - Great Location - 50% Seller Financing

This business is a well-established Pizza and Sub restaurant with a reputation for great food at reasonable prices. In 2019 the owner started opening on Sunday which is adding about $2K per week to sales. Based on the first 6 months of 2019, the SDE is on track to reach $238,000. It is in an excellent location and has lots of potential for growth. The regular and loyal customers love their Italian-style pizza, signature sandwiches, premium burgers, and fresh salads. This 60-seat restaurant is located in a shopping plaza with off-street parking on a major state highway. The business leases approximately 3200 square feet. About two thirds of the business is eat-in or take-out and about one third is delivery. It is completely-equipped, well-organized, with a large and efficient kitchen that is useful in developing the catering business if a new owner wanted to expand catering. Additionally, the restaurant has a very clean appearance. All equipment is maintained and in good working order. The restaurant is open for lunch and dinner daily. The sellers will work with the new owner to transition the business. For more information, please contact John Coto, Certified Business Intermediary at Alliance Business Brokers, LLC by email or call 603-880-8200. Attention Business Owners: We have buyers looking for businesses to buy and not enough listings! If you are considering a possible sale or would just like to learn more about the process, please call me for an initial, confidential discussion.

Detailed Information

Location:
Rockingham County, NH
Inventory:
Not included in asking price
Employees:
19
Facilities:
The business leases approximately 3200 sq. feet in a shopping plaza with plenty of off-street parking, on a major state highway.
Competition:
Well known, good reputation, great location.
Growth & Expansion:
May be achieved by (1) promoting the catering business; (2) expanding hours (staying open later) (3) increased advertising.
Financing:
Seller will finance 50% of the price to a qualified buyer.
Support & Training:
Sellers will provide 2 weeks of training included in the sale immediately after closing.
Reason for Selling:
Pursue another business opportunity
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John Coto

Business Listed By:
John Coto

Alliance Business Brokers, LLC

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers.

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