Walter's Basin Restaurant & Basshole Lounge

What Walter's Basin Restaurant & Basshole Lounge does

Walter's Basin Restaurant & Basshole Lounge is an independent, privately held single-location full-service American restaurant operating at 859 US-3 in Holderness, New Hampshire, on the waterfront of Squam Lake. Founded in 1998 with a 13-person team, the business operates three integrated on-premise venues under one roof: the main Walter's Basin dining room serving traditional New England cuisine (appetizers $10-$17, sandwiches $16-$19.50, seafood and chicken entrees $22-$36, steaks and chops $25-$54), the Basshole Lounge (a first-come-first-serve full bar), and the seasonal Squamside Beach Bar (operating late spring through early fall lakeside). Revenue is generated entirely through on-premise transaction-based sales, with the beverage program spanning house wines, craft cocktails ($11.50-$17), rotating New England draft beers, and premium bottles up to $175.

The company's go-to-market is direct-to-consumer and walk-in driven, with reservations accepted only for dining room parties of five or more. Marketing is conducted organically via Facebook, Instagram, Google Business, and an email newsletter; no paid advertising channels are documented. The customer base comprises local residents, lake-area visitors, and tourists seeking a scenic New England dining experience, supplemented by off-season private event bookings for groups of 15-30 during November through April. The kitchen team carries 75+ years of combined hands-on experience.

Walter's Basin is family-owned with no disclosed parent company, no institutional or private equity backing, no M&A activity, and no subsidiary acquisitions beyond the wholly-owned seasonal Squamside Beach Bar. Technology infrastructure is limited to the SpotHopper platform powering website, menu, job listings, and social media presence; no proprietary technology, API, mobile application, or AI/ML capability is in evidence. The business holds no patents, trademarks, awards, or regulatory actions, and operates exclusively within the United States.

Name

Walter's Basin Restaurant & Basshole Lounge

Legal name

Walter's Basin

Website

https://waltersbasin.com

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Walter's Basin is an independent, single-location full-service American restaurant and lounge on Squam Lake in Holderness, NH, serving New England cuisine, craft cocktails, and a seasonal lakeside beach bar to walk-in local residents and lake-area visitors.

Ownership category

akta.pro rank

Product category

Casual Dining Restaurants

NAICS

Full-Service Restaurants (722511), Drinking Places (Alcoholic Beverages) (722410), Drinking Places (Alcoholic Beverages) (7224)

SIC

Retail-Eating & Drinking Places (5810), Retail-Eating Places (5812)

akta.pro primary industry

Casual Dining Restaurants (THAFACAB)

akta.pro secondary industries

Fine Dining Restaurants (THAFACAA), Rooftop Bars & Beach/Pool Bars (THAFAEAJ)

Keywords

• Casual dining restaurant
• New England cuisine
• Waterfront dining
• Craft cocktails bar
• Private event hosting

Headquarters

HQ city

Holderness

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Dine-in Food Sales: Restaurant operates on a per-transaction basis where customers pay for individual meals. Menu features appetizers ($10-$17), sandwiches and handhelds ($16-$19.50), seafood and chicken entrees ($22-$36), and premium steaks and chops ($25-$54).
2. Beverage Sales: Full bar service including cocktails ($11.50-$17), wine by glass ($8-$18.50) and bottle ($34-$175), draft and canned beer, cordials, scotch, bourbon, tequila, and after-dinner drinks ($12-$14).
3. Squamside Beach Bar: Seasonal beach bar (late spring to early fall) offering appetizers, handhelds, baskets, cocktails, mocktails, wine, and canned beverages with pricing similar to main restaurant.
4. Private Event Hosting: Private lounge space available November through April for groups of 15 to 30 people for celebrations including birthdays, anniversaries, and holiday parties.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

Walter's Basin Restaurant & Basshole Lounge is a full-service American restaurant on Squam Lake in Holderness, NH, offering dine-in dining, a full bar, a seasonal lakeside beach bar, and private party hosting. It sells individual meals, appetizers, sandwiches, seafood and chicken entrees, steaks and chops, and an extensive beverage program of craft cocktails, draft beer, and wine on a per-transaction basis.

Product overview

Walter's Basin Restaurant & Basshole Lounge operates as a single unified dining establishment offering full-service American cuisine on Squam Lake in Holderness, NH. The portfolio consists of the main Walter's Basin Restaurant (core product) featuring dine-in dining with lake views, the Basshole Lounge (sub-product) offering handcrafted drinks and private event space November through April, and the seasonal Squamside Beach Bar (sub-product) operating late spring to early fall lakeside. Supporting products include the Food Menu with traditional New England cuisine featuring seafood, steaks, and burgers, and the Drink Menu offering rotating draft beers, wine, craft cocktails, and spirits. The restaurant also offers Private Party Services for groups of 15 to 30 people.

Differentiator

Problem solved

Functional benefit

Products and services

• Walter's Basin Restaurant

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators1 record

Recent moves4 records

Expansion highlights3 records

Direct peers

• The Common Man Family of Restaurants: New Hampshire-based restaurant group operating casual and fine-dining concepts across the Lakes Region and beyond. Directly comparable multi-concept operator with similar lakeside/regional dining exposure, full bar programs, and private event capabilities.
• Stumble Inn Bar & Grill: New Hampshire lakeside-adjacent casual bar and grill serving burgers, seafood, and full bar fare to a similar local and tourist clientele. Comparable casual-dining format with full bar and lakes region summer traffic.
• T-Bones Great American Eatery: Casual New Hampshire eatery and bar chain serving American fare (burgers, steaks, seafood) with full bar service. Comparable casual dining concept, pricing tier, and New England regional operating environment.
• Hart's Turkey Farm Restaurant: Long-running family-owned New Hampshire restaurant offering traditional American cuisine in a destination-casual setting near the Lakes Region. Comparable as an established NH independent with broad menu and private event business.
• Salt Hill Pub: New Hampshire gastropub chain with rotating draft beer programs, craft cocktails, and elevated casual fare. Comparable as a regional bar-and-grill with strong beverage program and casual dine-in focus.
• The Local Eatery: New Hampshire-based casual American restaurant group emphasizing local sourcing, craft beer, and cocktails. Comparable in casual-dining positioning, beverage program emphasis, and Lakes Region demographic.

Broad incumbents

• Darden Restaurants: Large multi-concept full-service restaurant operator (Olive Garden, LongHorn Steakhouse, Capital Grille, etc.). Comparable as a broad incumbent in casual and casual-upscale American dining, with sophisticated bar and event programs.

Regional players

• Lakehouse Grille at Mill Falls: Waterfront dining venue operating within the Mill Falls resort on Lake Winnipesaukee in Meredith, NH. Comparable as a competing Lakes Region waterfront full-service restaurant with lakeside bar and event capabilities.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks7 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/387719011323105
• Instagraminstagram.com/walters_basin_restaurant
• LinkedInlinkedin.com/company/walter's-basin-restaurant-&-basshole-lounge

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Walter's Basin Restaurant & Basshole Lounge