Save This Business   Print   Email

Beach Front Restaurant

Contact Seller
Seller Financing
Related Searches:

Maine   |  Businesses for Sale Between $1M and $5M

Asking Price:

Gross Revenue:
Cash Flow:
(Seller's Discretionary Earnings)

 Not Disclosed
not included in asking price

included in asking price

Real Estate:
included in asking price

Share this business:

Business Description

This business is one of the state’s premier oceanfront hospitality destinations and a sought-after venue for weddings, corporate events, and private functions. With 100+/- feet of ocean frontage, seating for over 200 guests, multiple function rooms and outdoor seating, this facility is one of the most appealing and versatile restaurants in southern Maine. Opportunities exist to enhance the revenue stream. A new addition was structurally designed for a roof-top lounge and the lower level was previously used as a jazz lounge and nightclub. Day-to-day management is in place, making this opportunity an exceptional acquisition for a synergistic acquirer.

About the Business

Year Established:
Number of Employees:
10 FT / 15 PT
Real Estate:
The half-acre +/- property features incredible ocean views and a two-story facility of approximately 9,000 +/- square feet capable of seating over 200 guests. The restaurant has several function rooms, which are able to accommodate a range of functions. Currently, the business is closed during January and February. The facility has ample on-site parking.
Market Outlook/
The company’s current market area is expected to provide exceptional growth opportunities for many years into the future. There are few oceanfront competitors in the region with the flexibility of indoor and outdoor dining space. The company has a solid market share that can be expanded.
Growth & Expansion:
Ownership believes that a redesigned internet/social media presence will enhance revenue growth. An acquirer could take advantage of facility expansion opportunities, including building an upper level roof-top deck with direct ocean views. The facility has been carefully developed to date. The business has a strong management team and is now poised for future growth.
Contact the Seller

About the Sale

Reason For Selling:
The seller will provide transitional training to a new owner.
Seller Financing:
Financing TBD on individual basis. Working Cap Needed $50K. Inv. $10K (est.).

Listing Info

Restaurant, fine dining, weddings, functions, real estate, oceanfront, spirits, alcohol
Ad Detail Views:

Contact the Seller
Please confirm you're not a robot
Contact the Seller
Business Listed by

Brad Kaplan

Maine Business Brokers

 Show Phone Number

View My Active Listings
Sponsoring Broker:

Brian Hanson
Maine Business Brokers

U.S. Census Data for Maine



Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Maine


Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Similar Listings

Report an Issue 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 & Conditions.