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White Mountains Pizzeria and Italian Restaurant

White Mountains, New Hampshire (Grafton County)

Retail - Restaurants | Retail - Other Eating & Drinking Places

Asking Price $195,000 Inventory $3,000* 
Gross Income $603,000 Real Estate  
Cash Flow $56,000 Year Established 1986
FF&E $50,000* Employees 12

* included in the asking price

** not included in the asking price

Located in the heart of New Hampshire's White Mountains, this popular pizzeria and Italian restaurant generates very strong revenues and positive cash flow. The business has been in existence for 21 years and has a very loyal following with locals and tourists alike. Specialties are pizzas, calzones, submarine sandwiches, and Italian specialities. Lease terms and rent are easily supported by the business and fall well within industry standards.

Facilities: 3000 square feet of space, all on one level, located in a strip mall. Building is in fair to good condition. F, F, & E is in good to excellent condition. Restaurant has a large kitchen, food prep area, dining room with seating for 90+, ample storage, large counter area, and restrooms. There is parking for over 100 cars in the parking lot and additional parking available on the street.

Competition: There are other pizza restaurants in the area, but this establishment seems to have the greatest market share. The quality is on the higher end of what is available and pricing is well in line with the competition. The area is located in a growing tourism destination with some high end development in process. There is also an anticipated increase in year-round residents to service the needs of the increased number of second homeowners. Indications are that the area will be in a strong growth mode for the next five plus years.

Growth/Expansion: With more dedicated owner involvement in the business, revenues could certainly be maximized and expenses and cash handling could be better controlled. There currently is no delivery service which could certainly maximize revenue potential.

Financing: Seller financing is available to qualified buyers

Support/Training: Seller will provide buyer up to two weeks' training at no charge and may be willing to work for salary for a qualified buyer.

Reason Selling: Seller is looking to semi-retire and continue to work part-time.

Business listed by

Jay Polimeno

603-745-8289


Polimeno Business Sales


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