30 year old Iconic Family Restaurant with Property In Maine

Asking Price$2,495,000

Cash Flow

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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30 year old Iconic Family Restaurant with Property In Maine


Asking Price$2,495,000

Cash Flow

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
HS Listing ID-71641

Asking Price: $2,495,000

Restaurant Cash Flow (SDE): ~$320,000

Apartments Rentals add $54k of Income

Another 34k annually to follow on top once the vacant offices are rented.

Rare opportunity to acquire a 30+ year established restaurant along with the underlying mixed-use commercial real estate in Oxford County, Maine. The property contain a restaurant, 3 apartment units, and a commercial office space with 6 individual office rentals.

The restaurant business portion is valued at approximately $900,000 and generates an impressive Seller’s Discretionary Earnings (SDE) of approximately $320,000 annually. The remaining value is supported by the income-producing real estate and rental components.

Highlights:

30+ years of successful operation

Prime location

Mixed use buildings contain a restaurant, 3 apartment units, and a commercial office space with 6 individual office rentals.
Strong annual SDE of approximately $320,000

Real estate included in sale

Multiple revenue streams from business and tenants

SBA financing available

Pre-approved SBA lender program with as little as 10% down for qualified buyers

Seller willing to remain for up to one year or longer, subject to mutually agreed terms, ensuring a smooth transition and continued success

This opportunity is ideal for an owner-operator, investor, or hospitality group seeking a profitable, turnkey business backed by valuable income-producing real estate.

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
About the Business
Real Estate
Owned or Leased
Owned
Included in asking price
About the Sale
Seller Motivation
Other business interests.
Transition Support
Yes.
Financing Options
Pre-approved SBA lender program with as little as 10% down for qualified buyers
Listing Info
ID
2517495
Listing Views
53

Contact Seller

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Business Listed by: Noman Basit Hedgestone Business Advisors

Listing ID: 2517495 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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