BG's Boathouse restaurant, a Sagamore Creek staple, listed for $12.9M in Portsmouth
PORTSMOUTH — BG’s Boathouse , the Sagamore Creek seafood restaurant and pub operated by the Graves family for just shy of 50 seasons, has been listed for sale for $12.9 million. The business was opened in 1978 by Joanne Graves and her husband, former two-term Portsmouth Mayor Bruce Graves. The late founders' son and daughter-in-law, Jeff and Lori Graves, are the current second-generation owners of the waterfront family establishment, the Sagamore Pub and a 16-slip marina. Mary Beth Hixon and Tony Jalbert, realtors with Tate & Foss Sotheby’s International Realty, are the listing agents for the Portsmouth property. The Graves family is retiring from the business, according to Jalbert. “It’s been almost 50 years since they’ve had it,” Jalbert said in a Friday, Nov. 13, interview. “It’d be a good thing. It’s been a good run, great people.” BG’s completed its 49th season after the end of service Sunday, Oct. 18. The listing packages together the 158-seat restaurant and bar, the marina, a single-family home next to the main parking area, and a separate gravel parking lot across Wentworth Road spanning about 1.4 acres. The whole property has more than 360 feet of creek frontage. Will BG's Boathouse site remain
