Well-Regarded Restaurant in Coastal Downtown Location

Asking Price$550,000

Cash Flow
$165,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

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Well-Regarded Restaurant in Coastal Downtown Location


Asking Price$550,000

Cash Flow
$165,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
This intimate casual dining restaurant is a longstanding favorite among locals and out-of-town visitors. Featuring a welcoming and elevated neighborhood vibe and a beautiful outdoor patio. Location is an easy walk from Main Street and 2 blocks from the Historic water front. The restaurant is well regarded for its service, carefully crafted menus, and attention to detail. A stable back and front of the house staff lend to a consistently memorable dining experience and happy employees who want to stay with business. An added bonus is the ample free public parking lot across the street with some parking directly in front of restaurant. Management is in place and will stay on with new owners. Great consistent cash flow and very profitable for dinner only business. If you are an aspiring or experienced restaurateur, here is an opportunity to step into a finely-tuned operation with a proven concept in a beautiful setting. Favorable NNN lease. Financials and location disclosed with signed NDA.
About the Business
Years in Operation
16
Number of Employees
15
Opportunities for Growth
Currently the restaurant is only opened for dinner. New owner could offer lunch and breakfast which would have a positive impact to the bottom line.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,342
Rent
$2,049.25 per month
Lease Expiration
12/31/2027
About the Sale
Seller Motivation
New opportunity
Listing Info
ID
2303116
Listing Views
1034

Contact Seller

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Business Listed by: Ed Herczeg Bean Group/ Commercial Real Estate of Maine brokered by eXp

Listing ID: 2303116 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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