Established Family-Owned Restaurant & Catering Operation – Northern ME
Business Description
*** Confidential listing not located where listing****
Asking Price: $225,000 (Includes Estimated Inventory of $8,000)
Location: Northern Maine
Years in Operation: 41 Years
Gross Revenue: $551,433
EBITDA: $110,940
Liquor License: Full Liquor License (Subject to State Approval Upon Transfer)
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Business Overview
Now available is a rare opportunity to acquire a highly respected family-owned restaurant that has been a cornerstone of a North of Houlton Maine community for 41 years. This long-established business is known for its loyal customer base, strong local reputation, and consistent performance.
In addition to dine-in operations, the restaurant provides catering services for large events, making it an ideal acquisition for an owner-operator or hospitality group seeking both steady restaurant revenue and additional event-based income.
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Key Highlights
• 41 years in continuous operation
• Strong brand recognition and repeat customer base
• Catering services for large events and private functions
• Full liquor license included, subject to state approval upon purchase
• Kitchen equipment recently replaced, reducing near-term capital expense
• Turnkey opportunity with established systems and operations
• Inventory included (estimated value of $8,000)
________________________________________
Financial Snapshot
• Gross Revenue: $551,433
• Estimated Inventory: $8,000
• Asking Price: $225,000 (Includes Inventory)
________________________________________
Growth Opportunities
A new owner can expand revenue through:
• Increased marketing of catering services (weddings, corporate events, fundraisers)
• Expanded liquor sales and bar promotions
• Enhanced social media and online ordering presence
• Seasonal events and community partnerships
________________________________________
Sale Notes
This is a well-established and profitable hospitality business offering a strong foundation for continued success. Additional information is available upon request with a signed confidentiality agreement.
Serious inquiries only.
Asking Price: $225,000 (Includes Estimated Inventory of $8,000)
Location: Northern Maine
Years in Operation: 41 Years
Gross Revenue: $551,433
EBITDA: $110,940
Liquor License: Full Liquor License (Subject to State Approval Upon Transfer)
________________________________________
Business Overview
Now available is a rare opportunity to acquire a highly respected family-owned restaurant that has been a cornerstone of a North of Houlton Maine community for 41 years. This long-established business is known for its loyal customer base, strong local reputation, and consistent performance.
In addition to dine-in operations, the restaurant provides catering services for large events, making it an ideal acquisition for an owner-operator or hospitality group seeking both steady restaurant revenue and additional event-based income.
________________________________________
Key Highlights
• 41 years in continuous operation
• Strong brand recognition and repeat customer base
• Catering services for large events and private functions
• Full liquor license included, subject to state approval upon purchase
• Kitchen equipment recently replaced, reducing near-term capital expense
• Turnkey opportunity with established systems and operations
• Inventory included (estimated value of $8,000)
________________________________________
Financial Snapshot
• Gross Revenue: $551,433
• Estimated Inventory: $8,000
• Asking Price: $225,000 (Includes Inventory)
________________________________________
Growth Opportunities
A new owner can expand revenue through:
• Increased marketing of catering services (weddings, corporate events, fundraisers)
• Expanded liquor sales and bar promotions
• Enhanced social media and online ordering presence
• Seasonal events and community partnerships
________________________________________
Sale Notes
This is a well-established and profitable hospitality business offering a strong foundation for continued success. Additional information is available upon request with a signed confidentiality agreement.
Serious inquiries only.
About the Business
- Years in Operation
- 41
- Facilities & Assets
- Business is open 6 days a week. Has a full alcohol in house and offers catering . Liquor license is subject to state approval for new owner.
Real Estate
- Owned or Leased
- Leased
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- Seller will assist in the transition of Sale
Listing Info
- ID
- 2503615
- Listing Views
- 19
Listing ID: 2503615 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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