Portland Maine Bistro

Recently Sold

Financials

Asking Price of business :$169,000
Included In Asking Price :Furniture, Fixtures & Equipment: $50,000
Inventory :$10,000
Annual Sales :$650,000
Cash Flow :$85,000

Summary Description

This chef owned and operated restaurant has an excellent reputation and loyal customer traffic that provide steady revenue year round. The full lunch and dinner menus encompass casual fine dining with more eclectic items, wine, beer and spirits. 

General Information

Year Established :2007
Employees :12 PT
Facilities :The location is a destination for casual fine dining that includes select restaurants and other attractions.
Business Location :Portland, ME

Market Outlook

Competition & Market :

Limited competition with prohibitive zoning, brand recognition, and excellent location make this a unique business.

Growth & Expansion :

There is an opportunity to expand the hours of operation.

About the Sale

Financing :

Bank Financing $119,000. Working Capital Needed $25,000. Inventory Purchase $10,000.

Support/Training : Seller will provide transition training and consulting.
Reason for Sale : Seller has other business interests.

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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