Hi-Volume Store and R/Estate

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Business Description

On-the-water niche store and full-service restaurant and full-service bar. Long-standing, niche business. Prime real estate included in a transaction.

About the Business

Location:
Hancock County, Maine
Year Established:
2005
Number of Employees:
4
Real Estate:
Owned
Building Sq. Ft.:
12,000
Facilities:
Prime real estate location, on-the-water. Approx 12,000 sf. Includes grocery store, deli/pizza, full-service restaurant (indoor and outdoor seating). Est value = $1.5M
Market Outlook/
Competition:
Niche business in coastal Maine location. Very little competition. Very loyal customer base for locals and tourists alike.
Growth & Expansion:
Plenty of growth opportunities for a new owner
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About the Sale

Reason For Selling:
Retirement from the business
Training/Support:
Strong organization in-place. All transition and support as needed.
Seller Financing:
Negotiable

Listing Info

ID:
1645857
Ad Detail Views:
0
Asking Price:
$600,000

Gross Revenue:
$2,500,000
Cash Flow:
$156,000
EBITDA:
$156,000
Inventory:
$60,000
included in asking price

FF&E:
$200,000
included in asking price

Real Estate:
$1,500,000
not included in asking price

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Business Listed by

Stephen A. Strand, CPA

Certified Business Brokers of Maine

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