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#1 |
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Junior Member
Join Date: Nov 2020
Posts: 11
Thanks: 0
Thanked 8 Times in 4 Posts
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A friend told me that the 19-mile Bay store has changed hands.
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#2 |
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Senior Member
Join Date: Jan 2006
Posts: 6,941
Thanks: 795
Thanked 1,493 Times in 1,040 Posts
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I heard that it was in the process too. I wonder if it's true it was bought by those who own many restaurants in Wolfeboro and area???
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#3 |
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Senior Member
Join Date: Apr 2020
Location: Wolfeboro
Posts: 121
Thanks: 28
Thanked 61 Times in 38 Posts
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He apparently missed the classes on building a recession-proof line of businesses. Owning a half-dozen string of food service establishments in a small area is a huge roll of the dice.
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| The Following User Says Thank You to WinterHarborGuy For This Useful Post: | ||
LoveLakeLife (12-25-2025) | ||
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#4 |
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Senior Member
Join Date: Jan 2006
Posts: 6,941
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He owns a lot more than the restaurants. He also owns a lot of housing in other places as well as here.
Last edited by tis; 12-24-2025 at 04:21 PM. |
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#5 |
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Senior Member
Join Date: Aug 2015
Posts: 963
Thanks: 301
Thanked 303 Times in 188 Posts
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I think previous Pier 19 Store Owner was asking over $3,000,000.
I can't see anyone paying that however maybe she decided to just sell the business and retain the Real Estate. Not sure. Maybe someone has some further information about this transaction. |
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#6 |
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Senior Member
Join Date: Jun 2016
Location: Tuftonboro and Sudbury, MA
Posts: 2,539
Thanks: 1,411
Thanked 1,071 Times in 665 Posts
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Maybe he spent that time attending the class that explained the K-shaped economy--people owning/renting in Wolfeboro in 2025 are recession-proof
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#7 |
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Senior Member
Join Date: Jan 2006
Posts: 73
Thanks: 3
Thanked 15 Times in 12 Posts
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For sale sign is gone- and there are non familiar faces (yet very friendly) in the store. I did hear that it sold, and have not seen Manaze (sp?) there my last couple of visits. If she got even remotely close to asking price- well done...
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#8 |
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Senior Member
Join Date: Apr 2004
Posts: 400
Thanks: 739
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It has been sold - it changed owners last week. The new owners plan to continue as is. Manaz(sp?) has been helping with the transistion.
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#9 |
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Senior Member
Join Date: Aug 2015
Posts: 963
Thanks: 301
Thanked 303 Times in 188 Posts
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I did a little digging and found out the following:
The person who previously owned the store is named Mahnaz Mahidashti She listed the property on 5/15/2025 for $3,500,000. She reduced the price to $2,900,000 on 10/02/2025. She sold the property on 12/17/2025 for $2,300,000. I don't have the name of the buyer but I do feel that Mahnaz had quite enough and is delighted to have found a willing buyer. Hopefully the new buyer will once again offer Bottled Gas. Mahnaz didn't make bottled gas available (she never carried it). It will be interesting to see if the new owner will keep the store open during the winter months........ |
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#10 |
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Senior Member
Join Date: Apr 2004
Posts: 169
Thanks: 55
Thanked 23 Times in 14 Posts
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#11 |
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Senior Member
Join Date: Jan 2006
Posts: 6,941
Thanks: 795
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#12 |
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Senior Member
Join Date: Jan 2006
Posts: 73
Thanks: 3
Thanked 15 Times in 12 Posts
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Pretty sure the guy in Wolfeboro is Peter Ford- could be wrong on the first name. Very good chance it's not him. I do hope that the new owners will keep it open during the cold months- I'm happy to pay $5.00 for a small bottle of ketchup if I don't have to drive all the way to Wolfeboro to get one.
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#13 | |
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Senior Member
Join Date: Jan 2006
Posts: 6,941
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Thanked 1,493 Times in 1,040 Posts
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Quote:
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#14 |
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Senior Member
Join Date: May 2006
Location: Texas, Lake Ray Hubbard and NH, Long Island Winnipesaukee
Posts: 2,970
Thanks: 1,064
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Pier 19 saga continues.... Hopefully the New Owners don't ruffle as many feathers, and can improve relations with the Yacht Club, so that once again the store can utilize the unused docking....
(Yes Yes, I know there is a gate, but its all programing and wouldn't be hard to allow the gate to be open access during the stores business hours....) Unfortunately The location of the store is just not ideal for year around operations.....
__________________
Life is about how much time you can spend relaxing... I do it on an island that isn't really an island..... |
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#15 |
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Senior Member
Join Date: Jan 2006
Posts: 6,941
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Are the people that bought it Indian?
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#16 |
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Senior Member
Join Date: Aug 2015
Posts: 963
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#17 |
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Senior Member
Join Date: Jan 2006
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Flotnjr just said it wasn't Peter when I asked????? And Just Wondering said the new owner did not own restaurants in Wolfeboro???? So are they wrong? Because as I said I also had heard the rumor that Peter had bought it.
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#18 |
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Senior Member
Join Date: Jun 2007
Location: Moultonborough and CT
Posts: 85
Thanks: 36
Thanked 73 Times in 30 Posts
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#19 |
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Senior Member
Join Date: Jan 2006
Posts: 6,941
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Thanked 1,493 Times in 1,040 Posts
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#20 |
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Senior Member
Join Date: Apr 2004
Posts: 400
Thanks: 739
Thanked 118 Times in 59 Posts
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#21 |
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Senior Member
Join Date: Jan 2006
Posts: 6,941
Thanks: 795
Thanked 1,493 Times in 1,040 Posts
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#22 | |
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Senior Member
Join Date: Jun 2004
Location: the left coast (Portland)and West Alton
Posts: 1,473
Thanks: 68
Thanked 265 Times in 182 Posts
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Quote:
Not that it should matter.
__________________
basking in the benign indifference of the universe |
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#23 |
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Senior Member
Join Date: Jan 2006
Posts: 6,941
Thanks: 795
Thanked 1,493 Times in 1,040 Posts
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#24 |
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Senior Member
Join Date: Jan 2005
Posts: 2,129
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Does any one know what the plan is? Continue to run it as a store, make it into a restaurant? Other intended uses? It seems something needs to change to to make this a successful business.
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#25 | |
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Senior Member
Join Date: Aug 2015
Posts: 963
Thanks: 301
Thanked 303 Times in 188 Posts
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Quote:
To be honest, I am surprised a gasoline storage tank is allowed where it is located (so close to the lake). Maybe it is somehow grandfathered? |
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#26 |
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Senior Member
Join Date: Aug 2015
Posts: 963
Thanks: 301
Thanked 303 Times in 188 Posts
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Someone posted this morning (on the ice out thread) that Pier 19 is currently charging $6.79 per gallon for their boat gas.
Pier 19 has a new owner now. Has anyone noticed any noticeable changes under the new ownership? |
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#27 |
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Senior Member
Join Date: Jun 2016
Location: Tuftonboro and Sudbury, MA
Posts: 2,539
Thanks: 1,411
Thanked 1,071 Times in 665 Posts
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#28 |
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Senior Member
Join Date: Apr 2004
Posts: 1,330
Thanks: 128
Thanked 478 Times in 293 Posts
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The only significant change I’ve seen so far (very limited interaction) is the new owners are much more pleasant than the previous owner and will be better members to the P19 condo association!
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