Mid-coast Restaurant, Commissary and Catering
Financials
Asking Price of business :$300,000Included In Asking Price :Furniture, Fixtures & Equipment: $100,000
Inventory :$5,000
Asking Price Of Real Estate :$1,200,000
Annual Sales :$1,250,000 Cash Flow :$295,000
Summary Description
This full-service restaurant has been a cornerstone of its mid-coast Maine community for years. The business is located in the center of a vibrant downtown district surrounded by boutique retail, galleries, and year-round pedestrian traffic. The interior features exposed brick, wood accents, and a cozy bar, creating an atmosphere that balances comfort with refined charm. A private dining area with scenic views provides an excellent setting for small functions or events.
General Information
Year Established :1990Employees :8 FT / 6 PT
Facilities :This unique 6,000-square-foot space features a flexible seating layout, a usable outdoor patio, and a dedicated area for private events or group gatherings. The business spans multiple floors and includes several dining areas, a private event room, a main kitchen, and a separate, spacious prep and commissary area.
Business Location :Mid-coast Maine
Market Outlook
Competition & Market :
The local dining market offers limited full-service options, giving this establishment a strong competitive position. It benefits from a prime downtown location, loyal year-round clientele, and seasonal tourism that drives high summer demand.
Growth & Expansion :
Opportunities include expanding service hours, introducing lunch or brunch, increasing private events, off-site catering and expanding ready to serve meals and baked goods. Seasonal fluctuations remain a consideration but are offset by strong local patronage and destination appeal. The business enjoys strong financial performance and a stable, experienced staff, offering a turnkey opportunity for a new owner
About the Sale
Financing :Anticipated Bank $1,200,000. Down Payment $300,000. Working Capital Needed $50,000
Support/Training : The seller will provide transitional training to a new owner.Reason for Sale : Seller desires to spend more time pursuing other opportunities.
Contact Information
Brian D. Hanson
Maine Business Brokers
Phone: 207-775-1957 x 108
Email: .(JavaScript must be enabled to view this email address)
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