A Rockland Gem Since 2004 - Downtown Restaurant

Business Opportunity for Sale
Catylist Listing ID: 30806844
Property Subtypes: Food and Beverage
Building Size (RSF): 1,900 SF
Sale Price: $252,000
Name of Establishment: In Good Company
Business Website Address: https://ingoodcompanymaine.com/
Year Business Established: 2004
Gross Revenue: $550,000 (Annual)
Cash Flow: $85,000 (Annual)
Cash Flow Type: Sellers Discretionary Earnings
Last Updated: 6/15/2022

Overview / Comments

A Rockland Gem Since 2004! Set in a renovated former bank, In Good Company is well known for its extensive wine list designed for food pairings, well-crafted cocktails, daily menus that focus on locally-sourced, fresh ingredients, and a comfortable casual atmosphere
The restaurant includes four walk-in vaults as evidence of its banking history. One now serves as the kitchen and another as the wine cellar for In Good Company.
While the kitchen size is small, the changing menu allows for a lot of creativity.

• Incredible downtown location right next to the waterfront.
• Strong year-round local business with very strong tourist season.
• Daily changing, seasonal menu
• Extensive wine list, well-crafted cocktails and an impressive list of craft beers.
• Seller is willing to assist in training during transition of the business.
• THIS BUSINESS IS TURNKEY!

Sale is for business and equipment only. Contingent on lease transfer approval. Financials and related documents provided upon verification of potential buyer’s ability to purchase. Signature of non-disclosure agreement will also need to be completed.

Attachments & Media

Additional Details

Industry Segment: Restaurants
Value of Inventory Included ($): $24,000
Value of Furniture, Fixtures, and Equipment ($): $0
Real Estate Status: Not Applicable
Value of Real Estate Included ($): $0

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,021 9,124 14,673
Median Age: 42.63 45.01 45.45
Households: 2,835 4,315 6,669

Contact

Photograph of Listing Agent

Stephen J Sprague

ERA Dawson Bradford Company
NECPE Member
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