Busy York County Restaurant For Sale
Undisclosed Address, Maine
Business Opportunity
for Sale
| Catylist Listing ID: |
30860332 |
| Property Subtypes: |
Food and Beverage
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| Building Size (RSF): |
See Agent
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| Sale Price: |
$1,650,000 |
| Gross Revenue: |
$1,686,000 (Annual) |
| Cash Flow: |
$75,000 (Annual) |
| Last Updated: |
7/5/2024 |
Overview / Comments
Popular restaurant in a high visibility location offering casual fine dining in a welcoming atmosphere. The current owners are committed to crafting dishes from scratch using quality ingredients and ensuring affordability aimed to cultivate repeat clientele. The business prides itself on consistency in food, drinks, and service provided by their incredible and loyal staff. Regular customers and tourists come from a 100-mile radius to enjoy what this restaurant has to offer. The offering also includes a residential unit that could be used as owner's or chef's quarters.
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Additional Details
| Industry Segment: |
Restaurants |
| Reason for Selling: |
Retiring |
| Value of Inventory Included ($): |
$28,000 |
| Value of Furniture, Fixtures, and Equipment ($): |
$58,000 |
| Real Estate Status: |
Real Property |
| Value of Real Estate Included ($): |
$1,150,000 |
| Employee/Labor Description: |
11 FT / 23 PT |
| Mgmt/Training Support Description: |
2 Weeks |
| Competition/Market Description: |
Positioned in a popular location, the business enjoys a unique vantage point with minimal competition from other area restaurants.
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| Growth/Expansion Opportunities: |
Expanding hours and hosting private events are both avenues of potential growth.
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