Mid-Coast Maine Restaurant
FinancialsAsking Price of business :$225,000
Included In Asking Price :Furniture, Fixtures & Equipment: $80,000
Annual Sales :$750,000 Cash Flow :$140,000
This 75-seat restaurant offers casual dining in the desirable mid-coast Maine area. Chef owned and operated, the restaurant has an excellent reputation and is an integral part of the community.
General InformationYear Established :2004
Employees :4 FT / 12 PT
Facilities :High visibility downtown location with both street parking and parking lot. The space has a bar area with seating, a separate dining area and private space for special events. The space has an open kitchen.
Business Location :Mid-Coast Maine
Competition & Market :
The business has a long term competitive lease in a strong market with very little available space. An affluent community with several major employers along with a strong tourist season provides year-round customers.
Growth & Expansion :
The business has experienced strong growth and it’s expected that growth will continue.
About the SaleFinancing :
Seller/Bank $125K. Working Capital Needed $25K. Inventory Purchase $5KSupport/Training : Seller will provide transition training and consulting.
Reason for Sale : Seller is looking to relocate.
Brian D. Hanson
Maine Business Brokers
Phone: 207-775-1957 x 108
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 above 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.