Bintliff's Restaurant

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Asking Price:
$309,000

Gross Revenue:
$1,115,683
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Thriving year-round restaurant in the heart of Ogunquit. Bintliff's is a popular and well-respected, efficiently run restaurant on Route One. This business is being offered turn-key with exceptional staff in place, chef willing to remain if need be to assist in training and transition. This offering is business only in a leased building/grounds. Amazing opportunity to jump into a thriving business in a sought after location.

About the Business

Location:
Ogunquit, Maine
Year Established:
2004
Number of Employees:
20
Real Estate:
Leased
Building Sq. Ft.:
3,419
Rent:
$23,933,000.00 Per Month
Facilities:
Outstanding kitchen with plenty of space for prep,cooking,and storage. There is a spacious full service bar for casual dining and happy hours as well as 4 distinct dining areas that are comfortable for parties of two or easily can accommodate large parties and functions. Plenty of on site parking in the heart of Ogunquit. Win/win!
Website:
bintliffsogunquit.com
Market Outlook/
Competition:
Ogunquit is well known for its thriving social scene boasting many top knotch restaurants with Bintliffs being high on the list of destinations. Bintliffs is located on busy Route One with plenty of parking and an easy stroll from beaches, shops, & center of town. Ogunquit boasts a summer population of approximately 35-40 thousand, and a year 'round population of just over 1,000! Located just 30 minutes south of Maine's largest city, Portland, and just less than an hour north of Boston, Ogunquit enjoys its status as a vibrant year 'round destination.
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About the Sale

Reason For Selling:
Owner ready to retire
Training/Support:
Current owners (father/son) are willing to stay on to assist for up to one year in chef/bookkeeper/manager positions as needed.
Seller Financing:
Lease to be re-negotiated with potential new owner

Listing Info

ID:
1558131
Ad Detail Views:
0

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Business Listed by

Gail Bergeron

RE/MAX Realty One

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