Portland Maine Bar & Lounge

Asking Price$325,000

Cash Flow
$120,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$250,000

Inventory$1,000
Included in asking price
FF&E$25,000
Included in asking price
Serving Glasses at a BarSave

Portland Maine Bar & Lounge


Asking Price$325,000

Cash Flow
$120,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$250,000

Inventory$1,000
Included in asking price
FF&E$25,000
Included in asking price
Business Description
This Portland area bar and lounge has been a mainstay in the restaurant scene. Consistent year-over-year performance with a loyal customer base makes this business a proven success.
About the Business
Years in Operation
13
Employees
10
Facilities & Assets
The space occupies about 1,500 square feet with seats for 40, kitchen and food prep areas, and ample storage.
Market Outlook / Competition
Portland Maine is known for its vibrant restaurant and bar scene. The area enjoys strong year round business with locals, summer visitors and foodie tourists!
Opportunities for Growth
With full-time active ownership, the business can expand the number of days open and hours of operation. There is an opportunity to adjust the menu and expand the food offering.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,500
Rent
$6,700.00 per month
About the Sale
Seller Motivation
Retirement
Transition Support
Owner will train as needed.
Financing Options
Anticipated Bank 25,000. Down Payment 25,000. Working Capital Needed 5,000
Listing Info
ID
2338391
Listing Views
2120

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Business Listed by: Brian Hanson Maine Business Brokers

Listing ID: 2338391 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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