2 Restaurant Portfolio- Confidential

Asking Price$1,200,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$2,400,000

InventoryNot Disclosed

FF&E$447,285
Included in asking price
Real Estate$2,800,000
Not included in asking price
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2 Restaurant Portfolio- Confidential


Asking Price$1,200,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$2,400,000

InventoryNot Disclosed

FF&E$447,285
Included in asking price
Real Estate$2,800,000
Not included in asking price
Business Description
Price improvement to $1,200,00—now including all FF&E. This confidential portfolio features two co-branded restaurants with an option to buy the real estate in two of Rockingham County’s most active downtown districts, the businesses generate over $2.4M+ in annual gross revenue. The recent inclusion of the complete FF&E delivers a true turnkey transfer and reduces capex for incoming business owners. Strong foot traffic, staff retention, and brand recognition to support continued revenue growth. THE BUILDING PROFILE IS FOR SALE SEPARATELY and consists of an income producing 7 unit mixed use building (5 res/2 comm) and a double unit condo with back facing water frontage. Buyer info sheet and signed NDA required for detailed breakdown of financials including FFE & Listing Photos.
About the Business
Years in Operation
9
Employees
Fully Staffed with a GM who manages both locations.
Facilities & Assets
BUSINESSES ONLY. BUILDINGS LISTED SEPARATELY. Building A is a 7-unit mixed-use asset (2 comm/5 res), ~9,030± SF with updated units/common areas, full restaurant buildout—industrial kitchen, bar, 49-seat dining room and 26-seat patio. Recent upgrades to HVAC, electrical, roof, and water heater; sealed basement for climate/pest control. Building B is a combined double-unit waterfront condo, renovated in 2023 with kitchen, bar, office and dining (90+ seats), walk-in cooler, new water heater, hood vent, AC, liquor license, and boat-launch access; strong HOA.
Market Outlook / Competition
Located in two of Rockingham County’s most active downtown districts. Highly visible with strong foot traffic, tenant retention, and community engagement to support continued revenue growth. Moodys CLS of +860. 7-unit property enjoys a low vacancy rate with many long term tenants in place. Area is well sought after and rental properties are in high demand.
Opportunities for Growth
Sellers have several ideas for growth which include added seating by the water, increasing service hours to meet demand, using current liquor licenses to develop new sales opportunities and leveraging well received/established brand recognition for possible franchising or expansion. Residential/commercial space units are positioned to bring rents up to market rate and more in line with area competition.
Real Estate
Owned or Leased
Owned
Not included in asking price
Building Sq. Ft.
11,174
About the Sale
Seller Motivation
Businesses have been optimized to sell- looking to grow real estate portfolio.
Transition Support
Transition training available and negotiable if needed.
Listing Info
ID
2379809
Listing Views
1627

Contact Seller

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Business Listed by: Carl Krukoff

Listing ID: 2379809 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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