Hot Listing
Historic Waterfront Property
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.
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
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.
Businesses for SaleMaine Businesses for SaleMaine Food & Beverage Businesses for SaleMaine Bars & Taverns Businesses for Sale










