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@BeadinPath Love your store! So does my Granddaughter. It's a favorite stop between Brunswick & Portland.
Featured Opportunities
Industrial Energy Business
Successful company that reduces energy costs! Broad market area.High Volume Convenience Store
Interstate interchange location and growth opportunities! Includes real estate.Day Care Licensed for 95
State-of-the-art facility! Variety of programs!
Green Wedding & Event Venue
Financials
Asking Price of Business: $650,000
Included in the Asking Price:
- Furniture, Fixtures & Equipment: $360,000
- Inventory: $15,000
Asking Price of Real Estate: $3,000,000
Cash Flow: $365,000
Annual Sales: $650,000
Summary Description
Location-Location-Location! This newly constructed (2004) high-tech conference facility is ideally situated to serve Maine's most populous areas. Situated on approximately 29 acres this amazing structure can accommodate up to 300 guests. This energy efficient property is certified as an "Environmental Leader" through Maine's Department of Environmental Protection green lodging program. An adjacent-eight room B&B/Inn enjoys a 51% occupancy rate and the property has ample room for additional lodging facilities. The sale of this hospitality business includes real estate and is suitable for a 1031 Exchange.
General Information
Year Established: 1992
Employees: 4 FT / 8PT
The facilities have been designed for ease of maintenance and energy efficiency. All the infrastructure is in place to allow new ownership to take over without having to undertake a major expansion.
Market Outlook
Competition & MarketThe "gathering place" event center has a following of Central Maine based non-profit and governmental agencies that use the facility on an exclusive basis. The space needs to be marketed to clients in a broader geographic area.
Growth & Expansion:
There is a strong demand for hospitality facilities that can host weddings, business meetings and other events in a setting other than a hotel ballroom. This business is in a unique position to meet those demands as well as being a property that encourages environmentally friendly practices. The current owners recognize that new ownership needs a marketing background.
About the Sale
Financing:
Financing to be determined on a individual basis. $50K working capital needed.
Support/Training: Support training will be available.
Reason for Sale: Retirement
Contact Information
Lee Edwards
Maine Business Brokers Network
Phone: 207-775-1957
Lee@MaineBusinessBrokers.com
Before we can provide you with more information about our listings we need your agreement to confidentiality and your registration with us as a potential buyer. If you are not yet registered with us, please follow the link below to the Registration page. If you are already registered with us, follow the link to the inquiry page or contact the broker with whom you have been working.
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“Their knowledge about financing is only exceeded by their understanding of human relations and the dynamics of negotiation.”
Stanley Bernard
Seller, SHAD'S Advertising, Auburn, Maine (May 1994 Sale)
