Proven Sit-Down Restaurant Opportunity Including Real Estate Option
Business Description
This evening-focused dining establishment with a full bar operates in a coastal market in the Northeastern United States. The restaurant serves a dependable local clientele throughout the year and benefits from increased traffic during peak visitor seasons. Sales are primarily generated from food and beverage service, with private gatherings and special functions contributing a smaller portion of revenue.
The business runs on clearly defined systems and established procedures. A senior beverage manager oversees daily service and assumes operational leadership in the owner’s absence. The kitchen is led by two seasoned line cooks, supported by both front-of-house and back-of-house staff. Ownership involvement is part-time and centers on financial oversight, staffing matters, supplier coordination, marketing initiatives, dessert preparation, and event planning. Payroll and bookkeeping are managed internally, with external CPA assistance for year-end reporting. All required licenses for restaurant and alcohol service are active and in good standing.
Following a management transition in recent years, the operation was restructured, resulting in improved financial performance, stronger ties within the community, and greater employee stability. Cash flow is straightforward, with short supplier payment cycles and regular inventory turnover. The company carries no formal business debt. The underlying real estate is owned and may be available as part of a transaction, providing long-term location control for a buyer.
Opportunities for expansion include introducing daytime service or takeaway options to capture nearby lunch demand, increasing event programming and off-site catering, deepening relationships with local hospitality and marina partners, hosting guest-chef pop-ups, and leasing unused kitchen capacity to specialty producers.
The seller is willing to provide a flexible transition period to support continuity. A hands-off ownership model would require appointing an on-site manager and redistributing higher-level administrative responsibilities.
The business runs on clearly defined systems and established procedures. A senior beverage manager oversees daily service and assumes operational leadership in the owner’s absence. The kitchen is led by two seasoned line cooks, supported by both front-of-house and back-of-house staff. Ownership involvement is part-time and centers on financial oversight, staffing matters, supplier coordination, marketing initiatives, dessert preparation, and event planning. Payroll and bookkeeping are managed internally, with external CPA assistance for year-end reporting. All required licenses for restaurant and alcohol service are active and in good standing.
Following a management transition in recent years, the operation was restructured, resulting in improved financial performance, stronger ties within the community, and greater employee stability. Cash flow is straightforward, with short supplier payment cycles and regular inventory turnover. The company carries no formal business debt. The underlying real estate is owned and may be available as part of a transaction, providing long-term location control for a buyer.
Opportunities for expansion include introducing daytime service or takeaway options to capture nearby lunch demand, increasing event programming and off-site catering, deepening relationships with local hospitality and marina partners, hosting guest-chef pop-ups, and leasing unused kitchen capacity to specialty producers.
The seller is willing to provide a flexible transition period to support continuity. A hands-off ownership model would require appointing an on-site manager and redistributing higher-level administrative responsibilities.
About the Business
- Employees
- 13 (3 Full-time, 10 Part-time)
- Currently Relocatable
- Yes
Real Estate
- Owned or Leased
- Leased
Listing Info
- ID
- 2471906
- Listing Views
Listing ID: 2471906 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 Restaurants Businesses for Sale



