Midcoast Maine Event Venue, Catering, & Lodging
Business Description
Rare opportunity to acquire an established Midcoast Maine event venue, catering business, lodging component, and underlying real estate in one offering.
The property sits on approximately 3.84 acres and is improved with four buildings totaling roughly 7,900 square feet, including the historic residence, event barn, commercial kitchen and catering facilities, Bristol Suite, garages, storage, and event-support areas. The sale also includes an extensive FF&E package valued by appraisal at approximately $900,000.
The business has operated since 2007 and includes event venue and catering business. Revenue is generated through weddings and private events, on- and off-site catering, beverage service, corporate and contract catering, and an emerging lodging component.
The operation has a long-established reputation, significant infrastructure already in place, and multiple avenues for continued growth. Opportunities include increasing wedding and event volume, expanding lodging revenue, growing corporate and contract catering, increasing off-site catering activity, improving digital marketing and lead generation, and broadening year-round utilization of the property.
Ownership is preparing for retirement after nearly two decades of operating the business. The offering presents an opportunity to acquire a turnkey operating platform with substantial real estate, equipment, brand value, and expansion potential in Maine’s Midcoast tourism market.
The property sits on approximately 3.84 acres and is improved with four buildings totaling roughly 7,900 square feet, including the historic residence, event barn, commercial kitchen and catering facilities, Bristol Suite, garages, storage, and event-support areas. The sale also includes an extensive FF&E package valued by appraisal at approximately $900,000.
The business has operated since 2007 and includes event venue and catering business. Revenue is generated through weddings and private events, on- and off-site catering, beverage service, corporate and contract catering, and an emerging lodging component.
The operation has a long-established reputation, significant infrastructure already in place, and multiple avenues for continued growth. Opportunities include increasing wedding and event volume, expanding lodging revenue, growing corporate and contract catering, increasing off-site catering activity, improving digital marketing and lead generation, and broadening year-round utilization of the property.
Ownership is preparing for retirement after nearly two decades of operating the business. The offering presents an opportunity to acquire a turnkey operating platform with substantial real estate, equipment, brand value, and expansion potential in Maine’s Midcoast tourism market.
About the Business
- Years in Operation
- 19
- Employees
- Seasonal staffing varies based on wedding & catering volume. Labor includes even
- Facilities & Assets
- Approximately 3.84 acres improved with four buildings totaling roughly 7,900 SF, including the historic residence, event barn, commercial kitchen/catering facilities, Bristol Suite, garages, storage and event-support areas. Sale includes extensive FF&E valued by appraisal at approximately $900,000, including commercial kitchen equipment, mobile kitchen, refrigerated and utility trailers, vehicles, generators, walk-in cooler/freezer, ice equipment, tables, chairs, dinnerware, glassware, catering equipment and related event assets.
- Market Outlook / Competition
- The property operates in Midcoast Maine, a well-established destination for weddings, events and seasonal tourism. Bristol benefits from proximity to Damariscotta, Pemaquid Point, coastal attractions, lodging and waterfront amenities. The local market supports wedding and event-oriented businesses, while the subject’s combination of venue space, in-house catering, commercial kitchen infrastructure, extensive equipment and emerging lodging component creates multiple revenue streams. Additional upside exists through expanded event volume, lodging utilization, corporate catering and broader year-round operations. The appraisal concludes the surrounding market is supportive of the existing wedding venue/event center use.
- Opportunities for Growth
- Significant upside exists through increased wedding and event volume, expanded use of the property, additional lodging revenue, corporate and contract catering, and broader year-round operations. The business also has room to improve digital marketing, direct booking, online lead generation, pricing strategy, and utilization of the existing kitchen, mobile catering equipment and event infrastructure. A new owner could further develop the lodging component, expand off-site catering, pursue additional corporate accounts, and increase revenue from private events, retreats and seasonal programming.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 7,900
About the Sale
- Seller Motivation
- Ownership is retiring after nearly two decades of operating the business.
- Transition Support
- Seller is willing to assist with a reasonable transition period to help familiarize a buyer with operations, event procedures, catering systems, equipment and existing business relationships. Specific training and transition terms to be negotiated as part of a transaction.
- Financing Options
- Seller financing of $1,000,000 offered
Listing Info
- ID
- 2556222
- Listing Views
Business Location
Listing ID: 2556222 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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