Earn Over $100 000! Nashua Franchise For Sale With Over $1 Million In Sales, Nashua, NH 03063

Property Details for 0 Earn Over $100 000! Nashua Franchise For Sale With Over $1 Million In Sales

Year built

2016

Property type

Retail properties & Spaces

Property subtype

Restaurants

Description

This established Nashua, NH restaurant franchise is a turnkey opportunity for a savvy investor. Boasting over $1.1 million in sales in 2023 and exceeding $109,000 in owner earnings, this business presents a strong cash flow potential. The 2,400 square foot space, built in 2016, is fully equipped with a comprehensive array of commercial kitchen equipment including a cook line, walk-in coolers and freezers, multiple prep tables, and ample storage. A well-trained team of 17 employees ensures smooth daily operations, facilitating a seamless transition for the new owner. The lease, expiring April 30, 2031, includes two five-year renewal options and covers base rent, CAMs, taxes, and insurance at a monthly cost of $7,080. SBA financing is readily available for this lucrative venture, requiring only a 20% down payment spread over ten years. The franchise benefits from established brand recognition, processes, and systems, with royalties at 6% and a 1% marketing fee. This profitable franchise is located in a high-traffic area with limited competition, offering significant growth potential. The sale includes all existing equipment and inventory is not included in the asking price of $349,000. The seller is offering two and a half weeks of owner training to ensure a smooth transition. The reason for selling is unrelated to the business's performance. This is an asset sale.

Location Insight

City

Nashua

County

Belknap

State

New Hampshire

Longitude

-71.513

Latitude

42.7796