124 S River Road, Bedford, NH, 03110 | $325,000

This is your opportunity to acquire a successful breakfast and lunch restaurant in Bedford, NH! Strategically located near highways on a busy road for retail, the restaurant draws both locals and passersby, making it a prime investment opportunity. You'll be taking over a well-established brand with exclusive recipes, unique concepts, and made-from-scratch dishes. Winning countless accolades from prominent publications such as Hippo Magazine, Best of 603, New Hampshire Magazine, and being featured on the widely popular Phantom Gourmet, this restaurant has become a local favorite. Operating seven days a week for breakfast and lunch since 2012, this local gem is turnkey and fully staffed. As the new owner, you'll benefit from the opportunity to receive training from the talented local chef who has played a key role in developing the restaurant's distinctive and creative concepts. There is potential for growth in the designated takeout and catering area, providing ample opportunities for increased profitability. The dining room holds 84 seats, with an additional 20+ seats for outdoor dining. The current owner has meticulously managed operations and implemented numerous upgrades. Step into a well-established operation, complete with a loyal customer base, and infuse your personal touches. Unlock the door to a thriving concept and seize the opportunity to run a successful business.

Features

  • Property Type: Business,Opportunity,Other
  • Zoning: PZ
  • Year Built: 1980
  • Approx Sq. Feet: 4,160
  • Est. Taxes: $62,364
  • MLS#: 4984317
  • Website: https://www.raveis.com
    /prop/4984317/124sriverroad_bedford_nh?source=qrflyer
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Listing courtesy of Realty One Group Next Level   Phone: 603-262-3500
Listing Agent: Kristen Endyke

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124 S River Road, Bedford, NH, 03110

$325,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $260,000 $260,000 $260,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.582% 7.159% 6.518%
Monthly Tax Payment $5,197 $5,197 $5,197
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,774 $1,728 $2,229
Total Monthly Payment $7,046 $7,000 $7,501

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.