Prime Restaurant with High-Value Real Estate

Asking Price$3,600,000

Cash Flow

EBITDA$385,135

Gross Revenue$2,724,305

Inventory$52,453
Not included in asking price
FF&E$1,080,000
Included in asking price
Real Estate$3,000,000
Included in asking price
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Prime Restaurant with High-Value Real Estate


Asking Price$3,600,000

Cash Flow

EBITDA$385,135

Gross Revenue$2,724,305

Inventory$52,453
Not included in asking price
FF&E$1,080,000
Included in asking price
Real Estate$3,000,000
Included in asking price
Business Description
Located in the heart of downtown Bangor, this exceptional Main Street property offers a rare opportunity to capitalize on one of the city’s most active and evolving corridors. Positioned amid constant foot and vehicle traffic, the property benefits from year-round visibility and unmatched proximity to Bangor’s top attractions.

Just minutes from the Maine Savings Amphitheater and the Cross Insurance Center, the area sees a steady influx of concertgoers, event attendees, and regional visitors throughout the year. Seasonal tourism driven by waterfront boat traffic further enhances the location, drawing both locals and out-of-town guests into the downtown core. Adding to the momentum, Hollywood Slots Casino continues to generate consistent traffic and economic activity, reinforcing Bangor as a destination hub.

Main Street itself delivers an authentic Bangor atmosphere—historic charm blended with ongoing redevelopment, walkability, and a strong mix of retail, office, hospitality, and mixed-use properties. This location is well-suited for a variety of commercial or redevelopment concepts, offering long-term upside in a market that continues to gain attention.

Whether positioned as an investment, owner-occupied space, or redevelopment opportunity, this downtown Bangor real estate stands at the center of the city’s growth, energy, and future potential.
About the Business
Years in Operation
13
Facilities & Assets
Include a spacious dining area designed for comfort, featuring both booth seating and tables to accommodate a variety of guest preferences. A large, well-stocked bar area is available, offering an extensive drink menu. The venue also boasts a stage for live music and comedy performances, creating a vibrant entertainment atmosphere. The event space is versatile and ideal for hosting private functions and corporate gatherings. Additionally, the restaurant includes ample parking for guests.
Market Outlook / Competition
The business operates in a competitive environment, distinguishing itself with a diverse offering that appeals to a broad customer base, including live music, comedy, sports events, and a menu focused on local ingredients and dietary preferences. Its unique combination of entertainment services and high-quality, chef-inspired cuisine sets it apart from competitors. Located near popular attractions, the business benefits from local and tourist foot traffic, with few competitors offering a similar mix of services.
Opportunities for Growth
Expanding catering and event planning services to corporate clients and larger events could tap into unexplored market segments. Additionally, leveraging online marketing and social media platforms more aggressively could drive customer engagement and attract a broader audience. The increasing trend toward local and sustainably sourced food presents an opportunity to further capitalize on the business's existing strengths in offering local ingredients, potentially opening avenues for collaboration with local farmers and suppliers.
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
23,783
About the Sale
Seller Motivation
Entering Retirement
Transition Support
The current owners have agreed to stay on for an agreed-upon period to ensure a seamless transition. The business is supported by a highly knowledgeable and experienced General Manager, who is well-versed in all aspects of operations, the owners' continued involvement will provide additional support in navigating any challenges and seizing growth opportunities.
Financing Options
SBA & FAME
Listing Info
ID
2330994
Listing Views
1452

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Business Listed by: Jenn Morin Trinity Business Brokers

Listing ID: 2330994 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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