1 Hl Rd Franklin, NH 03235-1162
- Showrooms
- 2,081 SF
- 0.44 lot acres
Current Use by Public Records
- JJ's Woodfired Tavern / Pizza Restaurant
Property Details for 1 Hl Rd
- Year built
- 2010
- Construction
- FRAME
- Lot size
- 0.44 lot acres
- Property size
- 2,081 SF
- Zone code
- B1W&S
- Property type
- Showrooms
- APN
- FRKN M:096 B:035 L:
- APU
- FRKNM096B035L
Description
This exceptional turnkey restaurant opportunity in Franklin, New Hampshire, presents a rare chance to acquire a well-established and profitable business. Located at 1 Hill Rd, this 5,220 square foot property boasts a prime location and has undergone a complete renovation in 2023. The single-story building sits on a 0.44-acre lot and includes all furniture, fixtures, and equipment (FF&E). The current operation, JJ's Woodfired Pizza Tavern, has thrived under the same ownership for nine years, building a strong reputation for its fresh ingredients and wood-fired pizza. The menu features a full-service selection, complemented by a full liquor license and a State lottery license, maximizing revenue streams. This successful business model is offered as a complete package, including real estate and all operational assets. Detailed financial records are available upon request to qualified buyers under a confidentiality agreement. The asking price is $890,000, translating to $170.50 per square foot. This represents a significant opportunity for an experienced restaurateur or investor seeking a profitable, established business with immediate cash flow potential. The property's recent renovation ensures modern facilities and operational efficiency, minimizing immediate capital expenditure needs. Don't miss this chance to own a thriving restaurant in a desirable New Hampshire location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $485,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $530,000
- 6.5%
- $565,000
- 7%
- $535,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $580,000
- Geo Method
- $600,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $580,000
- Retail
- $475,000
- Mixed-Use
- $565,000
- Hospitality
- $570,000
- Educational
- $510,000
- Residential Income
- $550,000
- Energy
- $590,000
- Income-Based Land
- $570,000
- Food Service
- $520,000
Location Insight
- Map
- Local Demand
- City
- Franklin
- County
- Merrimack
- State
- New Hampshire
- Longitude
- -71.6592
- Latitude
- 43.4559
- CBSA code
- 18180
- CBSA name
- CONCORD, NH MICROPOLITAN STATISTICAL AREA
