PORTLAND CASUAL DINING
Portland, Maine (Cumberland County)
Food and Beverage - Restaurants  |  Food and Beverage - Other Food and Beverage
Seller Financing Available
Asking Price:   $135,000Inventory:   $10,000 **
Gross Revenue:   $425,000Real Estate:   $450,000 **
Cash Flow:   $75,000FF&E:   $50,000 ++
++ included in the asking price         ** not included in the asking price
This popular neighborhood restaurant has an excellent reputation and loyal customer traffic that provide steady revenue year round. The full lunch and dinner menus encompass casual fine dining with more eclectic items and a limited beer and wine selection. The real estate is also available for acquisition.
About the Business
Year Established:2004
Employees:12 part time
Facilities:The location is a destination for casual fine dining that includes select restaurants and other attraction. The real estate can be included in the purchase and includes rental or owner apartment(s). The 3,000 SF building is very attractive. The acquisition price of the real estate is $450,000. s.
Market Outlook and Competition:Limited competition with prohibitive zoning, brand recognition and excellent location make this a unique business. There is an opportunity to expand the space physically and to add full liquor to the current beer and wine selection.
About the Sale
Management Training and Support:Seller will provide transition training and consulting.
Reason For Selling:Seller has other business interests.
Seller Financing:Anticipated Seller/Bank $75,000 on Biz. Bank $315,000 on R.E. Working Capital Needed $15,000. Inventory Purchase $10,000

KEYWORDS: Restaurant, fine dining, gourmet, café, brunch, local eatery, neighborhood café, wine, beer.


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Seller ID:58245
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Business Listed By
Lee Edwards
Maine Business Brokers
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