42 Franklin Street

Turnkey Restaurant & Real Estate Opportunity – Downtown Biddeford, ME

An exceptional opportunity to acquire a fully equipped, turnkey restaurant facility and real estate in a bustling downtown block of Biddeford, Maine. This asset sale offers an immediate path to opening your own concept without the time and expense of a ground-up buildout. Key Features & Highlights: -Flexible Platform: Currently operating as a Texas-style BBQ restaurant. Perfect for a buyer wanting to launch a new BBQ/smoked-meat concept under their own brand or pivot to an entirely different full-service dining format. -Prime Downtown Location: Situated in a high foot-traffic district surrounded by strategic neighbors, local breweries, and tourism anchors, backed by a loyal year-round local customer base. -Growth Potential: Significant upside by expanding daytime operating hours (currently operating 5 days/week with weekend-only lunch) and scaling private catering or retail product lines. > Note on Sale Terms: This is an asset and real estate sale—not a brand sale. The current business name/trademark ("Ore Nell's"), recipes, and the professional smoker unit are excluded from the sale. Asking Price: $575,000 Real Estate: Included ($475,000 Real Estate + $100,000 Business Assets/FF&E) Financial Overview Total Asking Price: $575,000 Real Estate Price: $475,000 Business Assets & FF&E: $100,000 Inventory: Valued separately at closing Facility Specifications: -2,464 sq. ft. + full basement for extra storage -50 Total (40 Dining Room Seats + 10 Bar Stools) -5 designated onsite parking spaces + ample nearby street parking -Prime downtown commercial block Reason for Selling: Divestiture