This is an unbeatable opportunity to open a restaurant without the high start-up costs. 2021 numbers just in – $1.0M in revenue and $278+ in cash flow! Bring your passion, your experience, and your vision, and create your own success story! Assets are to be purchased separately for $129,000 or leased at a rate of $2,550 per month.
This 1,386+/- square foot retail space currently houses a restaurant/bar. It is ideally located in downtown Freeport only a 4-minute walk from LL Bean’s flagship store with easy access Route 1 and I-295. The warm and welcoming main dining room with a full bar has the capacity to seat 42 guests. There is also outdoor patio seating available for 30 with firepits and a variety of seating options. This restaurant is the perfect place to enjoy a spectacular meal away from the hustle and bustle of Main Street.
The owner has invested regularly in the building and restaurant. Recent improvements include a new patio, a new floor in the walk-in cooler, a freshly-resurfaced kitchen floor, and a new 20kW on-demand generator (You never have to close due to inclement weather!).
The space is for lease at a rate of $2,900/month NNN.
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