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Portland Maine Bistro

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Portland, Maine (Cumberland Co.)   |  Businesses for Sale Between $150k and $250k

Asking Price:
$169,000

Gross Revenue:
$650,000
Cash Flow:
$85,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$10,000
not included in asking price

FF&E:
$50,000
included in asking price

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Business Description

This chef owned and operated restaurant has an excellent reputation and loyal customer traffic that provide steady revenue year round. The full lunch and dinner menus encompass casual fine dining with more eclectic items, wine, beer and spirits.

About the Business

Year Established:
2007
Number of Employees:
12 PT
Real Estate:
Leased
Facilities:
The location is a destination for casual fine dining that includes select restaurants and other attractions.
Market Outlook/
Competition:
Limited competition with prohibitive zoning, brand recognition, and excellent location make this a unique business.
Growth & Expansion:
There is an opportunity to expand the hours of operation.
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About the Sale

Reason For Selling:
Seller has other business interests.
Training/Support:
Seller will provide transition training and consulting.
Seller Financing:
Bank Financing $119,000. Working Capital Needed $25,000. Inventory Purchase $25,000.

Listing Info

Keywords:
Restaurant, fine dining, gourmet, café, brunch, local eatery, neighborhood café, wine, beer, spirits, alcohol
ID:
1303681
Ad Detail Views:
111

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Business Listed by

Brian Hanson

Maine Business Brokers

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U.S. Census Data for Cumberland County, ME
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Cumberland County, ME
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Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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