Highlights

• Buy for asset value
• Rapid growth
• Newbury Street quality

• Ritz Carlton ambiance
• Trained staff with manager
• Immediately available

Description

Seller financing up to $50,000. Southern New Hampshire growing urban, upscale bar & restaurant offered on a confidential basis. The 100 seat, in-city operation could easily be found on Newbury Street in Boston or the Upper East Side in New York City. Serving an adult clientele in the 30 55 age range the seven day operation is currently dinner only. The service and ambiance would rival any Ritz-Carlton®, delivered by a long-term, trained, motivated staff that delivers on the high expectations of the owner. The revenue for 2006 was $498,000 with 2007 tracking to a gross of $639,000. A completely new kitchen (2006) supports the back of the house and the front of the house was completely refurbished in 2005 at a combined cost of $350,000, a new owner will have no major capital costs for some year to come. The current lease can be assumed or re-written. This growing and successful business is offered so the owner can dedicate more time to other business interests. A non-disclosure agreement and potential buyer profile are both required before any details will be provided.

Southern New Hampshire