Portland Maine Bistro
Recently Sold
Financials
Asking Price of business :$169,000Included 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 :2007Employees :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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