202 Central St Haverhill, NH 03785
Shiloh's Restaurant, a well-established and profitable business operating for over 15 years in the vibrant Woodsville/Haverhill, NH area, presents a unique investment opportunity. This turnkey operation boasts a spacious 4,569 square foot building situated on a 0.34-acre lot at a high-traffic, well-lit intersection, ensuring excellent visibility and accessibility. The restaurant features two inviting dining areas, comfortably seating 110 patrons, each enhanced by electric fireplaces for a cozy atmosphere. The menu focuses on classic American fare, featuring fresh, homemade breads, soups, and salads, cultivated to attract a loyal customer base of both locals and tourists. The expansive and meticulously maintained kitchen is a testament to the restaurant's commitment to quality. Currently utilized for storage and office space, the lower level offers significant potential for expansion, perhaps to accommodate private events or increase operational capacity. While the catering aspect of the business has been scaled back since the pandemic, the consistent demand suggests a readily revived revenue stream. Priced at $995,000, this thriving restaurant presents a compelling opportunity for an experienced restaurateur or investor seeking a well-established business with significant growth potential in a desirable location. The property's prime location and established reputation make it an exceptional investment.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
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