High-Volume Well-Established Friendly’s Family Restaurant w/Drive-Thru Merrimack, NH - Busy Amherst St/101A!
Freestanding Building On A Major Thoroughfare/Retail Corridor Just W Of The Route 3/Everett Turnpike
An iconic brand serving a mouthwatering classic American menu of signature entrees, burgers, sandwiches and hand-crafted, specialty ice cream for over 80 years. Plus, a recently launched menu with a dozen great new items from burgers to melts to pastas to salads along with new ice cream flavors.
Full-service restaurant. Breakfast, lunch, dinner and dessert. Dine-in, takeout, pickup and 3rd party delivery. Online ordering also available. In addition to catering, make-your-own sundae kits and family meals. And a new loyalty program. Plus, Friendly’s recently updated their POS system to Revel which has a lot more capabilities such as cloud based, digital, tablets for servers and more.
Well established location for over 8 years. Currently absentee owned and operated with a full-time general manager in place. Turnkey! And the current owner is also selling his other turnkey location in Westfield, MA!!
Friendly’s overall has been built around families and founded upon ice cream. A franchise dedicated to quality in all that they do. Every meal is freshly made offering delicious new dishes and classic comfort foods that can only be found at Friendly's. And to top it all off, they end every delicious meal with incredible homemade ice cream in unlimited shapes, sizes and flavors.
Their vision and mission is "to be the leading casual restaurant/ice cream shoppe and premium retail ice cream brand...known for operations excellence, great food, famous ice cream shoppe desserts, sparkling clean facilities, prompt friendly service and dedicated people...resulting in outstanding customer loyalty and consistent profitable growth.
And since the arrival of new ownership in Jan 2021 by BRIX Holdings LLC, a multi-brand restaurant management/franchising company, the brand has posted positive same store sales. Plus, digital mix is up. Also, the ad fee has been reduced to 2.5% to help franchisees combat increasing COGs.
Location: Prime retail space in a freestanding building with drive-thru just west of the Route 3/Everett Turnpike. Perfectly situated in a bustling commercial area on busy Amherst St/101A, a major thoroughfare/retail corridor lined with national retailers, restaurants, banks, grocery stores, hotels, car dealerships and much more.
Adjacent Aquatic Specialties, El Tapatio, Energia Salon, Little Sprouts Early Education & Child Care, Marc’s Pizza & Subs, Nails For You, New Hampshire Power Yoga, VIP Tires & Service and more.
And across AutoFair Volkswagen of Nashua, The Home Depot and bustling Pennichuck Square with A&E Diamonds & Gold, Allstate Insurance, ATA Martial Arts, Cremeux, Dave’s Quality Dry Cleaning, Giorgio’s Ristorante & Bar, Lanna Asian Market, Leonidas, Naticook Veterinary Hospital, NH Tattoo, NV Nail Spa, Sister Massage, The Knotted Finds, The Polished Man, Xing Wang 888 and more.
Plus, it is close to Southern New Hampshire Medical Center - West Campus!
Located in Nashua’s second largest retail cluster, this Friendly’s is surrounded by many popular retailers creating a natural flow of customers. It’s also in the heart of a dense suburban area with schools, parks and family-friendly attractions nearby, making this Friendly’s an ideal stop for groups, children and family outings. Plus, it's in a vibrant business district that also features the Nashua Airport, high-tech manufacturing, technology firms and three colleges.
Year Established: 2016.
Lease Information: Leased space $9,976/mth gross. Current lease expires Dec 2025 with two 5-year options.
Square Feet: 3,524.
Seating: 122 Inside.
Days/Hrs of Operation: Daily 8a-10p.
Owners Role: Absentee owned - fully staffed plus a general manager in place.
# Of Employees: 2 Full-Time & 18 Part-Time.
Training: Two weeks on-site training and at an approved training store.
Projected Gross Sales (2024): $1,457,325.
Estimated Net Operating Income: $163,274
Value of FF&E: Included In Asking Price (Valued at $35,000).
Value of Inventory: $15,000 (Not Included In Asking Price).
Seller Financing Available: Yes, to a well-qualified buyer with 50% down.
Reasons for Selling: Pursuing other business ventures.
Competition/Market: A friendly place for families to enjoy a meal together. Famous for their homemade ice cream. Best kids’ menu in America!
A popular and much-loved brand. As one of America’s most cherished ice cream shops, Friendly’s has been a part of millions of family occasions for decades along the East Coast. Currently there are a total of 102 Friendly's restaurants in 11 states with plans to open more. And with newly remodeled restaurants, new menus and drive-thru opportunities, there has never been a more exciting time to become a part of Friendly’s!
Growth & Expansion: Serving up ice cream and delicious fun since 1935.
And now with BRIX Holdings at the helm, the focus moving forward is geared towards innovation, marketing and technology with plans to introduce new food/ice cream offerings, bright new restaurants and unique ways to reach and satisfy more guests!
Feel free to stop by the location as a customer first. This is a HIGHLY confidential listing, please DO NOT talk to any of the owners, employees or patrons. If interested, please complete the Request More Info Form below or email Nicole Rayborn at Nicole@eatz-associates.com or call 208-967-0748 at EatZ & Associates. Showings by appointment only outside of business hours.