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RISTORANTE ITALIA – Located in Fantastic High Foot Traffic Area

Listing Number: 09551-170302

Description

Bringing the classic fine dining Italian experience of Boston's North End to New Hampshire!

Seller has been operating the business for 19 years at this Main Street Location. One of the highest rated Italian restaurants in southern NH. Annual sales of $1,100,000, and additional $1,000 per month in cash catering business. This generates annual seller discretionary earnings (SDE) of $171,000. The business has FF&E of $30,000 and improvements of new equipment and buildout of additional $120,000.

There are 23 employees, 11 full time and 12 Part time. 60 seats with additional 12 seats seasonally on the front sidewalk and 14 seats at the bar.

Sale Price of $299,000 - FF&E included in the sales price. Seller has been operating the business for 19 years at this Main Street Location. One of the highest rated Italian restaurants in southern NH. Annual sales of $1,100,000, and additional $1,000 per month in cash catering business. This generates annual seller discretionary earnings (SDE) of $171,000. The business has FF&E of $30,000 and improvements of new equipment and buildout of additional $120,000.

There are 23 employees, 11 full time and 12 Part time. 60 seats with additional 12 seats seasonally on the front sidewalk and 14 seats at the bar.

Sale Price of $299,000 - FF&E included in the sales price. Reason for Selling: Owner Moving out of State

Listing Details

  • Price: $299,000
  • Down Payment: $38,000
  • Sellers Discretionary Earnings: $171,000
  • Total Sales: $1,100,000
  • Location: Hillsborough County, New Hampshire

  • Inventory: $5,000
  • FF&E: $30,000
  • Employees:
  • Reason for Selling: Change
  • Category: Restaurants
RISTORANTE ITALIA – Located in Fantastic High Foot Traffic Area

Business Listed By:

Jody Reese