Profitable Maine Restaurant |
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This unique restaurant is a small Maine business that has been independently owned and operated for over 20 years. This is not just one of many in a large chain of restaurants, but rather an award-winning independent restaurant that is a valuable fabric of Maine s favorite Lakes Region. From quiet, casual fine dining to a pub atmosphere and deck, there is something for everyone! This ideally located niche restaurant offers new owners a wide variety of ways to grow this established, well-known business. The business generates in excess of $1million of annual revenue, with an average annual owner s cash flow approximating $140,000. |
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| Industry: | Food and Beverage |
| Industry Segment: | Restaurants |
| Geography: | United States > Maine |
| Asking Price: | $370,000 |
| Gross Revenue: | $1,000,000 |
| Cash Flow: | $140,000 |
| Cash Flow Comments: | earnings b4 int, deprec, taxes, owner's benes & wages |
| Value of Inventory: | $15,000 (Included in Asking Price) |
| Value of Equipment: | $75,000 (Included in Asking Price) |
| Seller Financing: | Seller financing available for qualified buyers |
| Year Established: | 1990 |
| Mgmt. Training/Support: | Turn-key operation. All training & support as needed |
| Reason For Selling: | Retirement |
| Facilities: | High traffic location. Approx 5,000 sf, including banquet rooms and outdoor seating |
| Name: | Steve Strand, CBB of Maine |
| Email: | sstrand@cbbofmaine.com |
