Iconic NH Seacoast Seafood Restaurant For Sale with 4 Tax Lots

Seacoast, NH

FOR SALE
Property Type:
Free Standing Building
Amount:
$3,800,000
Last Verified:
Nov 21, 2020

Highlights

  • $283.000 NOI
  • $2.4 MM Gross Sales
  • 4 Separate Tax Lots
  • 50 Years in Business

Description

Rare opportunity to own a prosperous, established, fast paced seafood restaurant on the NH Seacoast that has been in business for over 50 years! With a positive cash flow year after year, this will prove to be an advantageous investment opportunity for the right buyer. Gross Sales exceed $2,300,000.

Located in a high-traffic area with excellent visibility, this business has a beer and wine license that extends to the patio, drawing an additional crowd during the warmer months. Permitted occupancy of 350. Municipal water, sewer, and natural gas. Turn-key opportunity. All FF&E is included in the sale.

TAX LOTS INCLUDE:
*7,500 SF restaurant with 1,500 SF of outdoor deck seating, 50 car parking lot, exterior storage and a second floor 3 bedroom / 2 bath apartment.
*11,500 SF overflow paved parking lot
*2-bedroom ranch home w 2-car garage
*2,400 SF farm stand with 2nd floor 2-bedroom apartment on 14 acres (mostly tidewater land)

REASON FOR SALE:
*Owner seeking retirement.

The offering is strictly confidential with information available to qualified buyers only upon signed NDA.

NH Seacoast area

Building Size: 12900.0sq ft
Lot Size: 14.9 acres

Map of Seacoast, NH

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