Hot Listing

Historic Waterfront Property

Asking Price$1,190,000

Cash Flow

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Lower Deck Seating
Whales Tooth Pub
New Bar with Ocean View
Pub Seating
Fireplace in Pub Area
Residence Living Room
Residence Dining Area
Upper Deck Seating
Lower Deck Seating
Whales Tooth Pub
Save1/8
Hot Listing

Historic Waterfront Property


Asking Price$1,190,000

Cash Flow

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
One of MidCoast Maine's most popular pub/restaurants.
The Whales Tooth Pub presents an exceptional opportunity to acquire one of mid-coast Maine's most popular waterfront pub and restaurant establishments. This historic property has been successfully operating since 1995, building a loyal customer base and strong reputation over nearly three decades. This award winning restaurant also boasts two functioning kitchens.

Located on prime waterfront real estate in Lincolnville Beach, the business sits on just under an acre with 400 feet of pristine shoreline. Strategically positioned on heavily trafficked US Route 1, midway between Camden and Belfast, the property captures significant summer tourist traffic traveling between Downeast Maine and the Boothbay Harbor area.

The 4,780 square foot building provides ample space for restaurant operations and guest services. With seller's discretionary earnings of $257,000 and an asking price of $1,190,000, the business demonstrates solid financial performance in the competitive hospitality sector.

Key Investment Highlights:
• Established 29-year operating history with proven market presence
• Prime waterfront location with 400 feet of shoreline frontage
• Strategic position on high-traffic US Route 1 corridor
• Real estate included in sale - no additional lease obligations
• Strong summer tourist market exposure
• Turnkey operation with established systems and customer base

The current owner is selling due to personal family matters and is available to work with new owners during the transition period. This represents a rare opportunity to acquire a well-established waterfront hospitality business in one of Maine's most desirable coastal markets.

The property's unique combination of waterfront dining, prime location, and established operations makes it an attractive investment for experienced restaurant operators or hospitality investors seeking a profitable business in Maine's thriving tourism economy.
About the Business
Years in Operation
31
Facilities & Assets
This property boasts a 2500 sq ft, 80 seat pub that extends to 130 seats in the summer months. There is also a 3 bedroom, 2 bath owners apartment with two offices and extraordinary views of Penobscot Bay with 400 ft of owned waterfront. This year round Pub is popular with locals and tourists alike. The spacious apartment makes it ideal for an owner/operator or live-in manager.
Market Outlook / Competition
This waterfront property is located in Lincolnville Beach, mid-way between Camden and Belfast on heavily trafficked US Route 1. It is ideally situated to cater to the summer tourist traffic between Downeast Maine and the Boothbay Harbor area.
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
4,780
About the Sale
Seller Motivation
Personal Family matters.
Transition Support
Seller is available to work with new owners.
Listing Info
ID
2456513
Listing Views
128
Business Location

Contact Seller

By clicking the button, you agree to BizQuest's Terms of Use and Privacy Notice.

Business Listed by: Dick Butler

Listing ID: 2456513 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.


Similar Listings