An exceptional opportunity to acquire a legendary, 20-year-old hospitality brand that recently completed its 20th season. This destination business combines a high-volume seasonal restaurant model with a rapidly expanding private events division (weddings, corporate retreats, and banquets).
Operating primarily as a seasonal powerhouse (May–October), the business enjoys significant brand equity and a dominant market position. The new facility was custom-engineered to provide a turnkey platform for a new owner to extend the operating season or transition to a year-round model to fully maximize the high-capacity banquet and indoor event spaces.
2025 Financial Performance (Actuals)
The business demonstrates best-in-class margins and an incredibly efficient cost structure.
Gross Revenue: $960,261
Gross Profit: $677,627 (70.57%)
EBITDA: $192,007 (20.0%)
Seller Discretionary Earnings (SDE): $239,007 (24.9%)
Investment Highlights
Massive Infrastructure: Recently moved into a flagship 13,000+ sq. ft. facility with a 2,400 sq. ft. indoor banquet hall and a 3,000 sq. ft. outdoor waterfront event lawn.
Efficient Seasonal Model: Current ownership has optimized the business to generate significant cash flow within a 6-month operating window, offering the owner a high quality of life or a clear path to expansion.
Operational Excellence: Exceptionally well-managed COGS (29.43%) and labor (23.52%) compared to industry standards.
Turnkey Assets: Includes a modern commercial kitchen, second-story mezzanine with A/V capabilities, and a historic artisan bar.
Growth Trajectory: Valuation models project revenue reaching $1,285,046 and SDE reaching $322,583 by Year 5 as the event business continues to scale.
Facility Overview
The facility is a centerpiece of the region’s waterfront, featuring high ceilings, expansive views, and multiple dining/event zones. It is fully equipped for large-scale lobster bakes, formal weddings, and high-volume daily restaurant service. Ample on-site parking and a modern "indy-chic" aesthetic make it the premier choice for destination events.