Sterlingtown Public House

Asking Price$895,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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Sterlingtown Public House


Asking Price$895,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
The Boulos Company is pleased to present for sale the business and real estate of Sterlingtown Public House.

Built in 1835 and fully renovated since 2019, the property is located on Union’s Common and blends historic New England charm with modern functionality, with an opportunity for a new owner to live upstairs and grow a business that has developed a strong local, year-round following in Midcoast Maine.

The first floor dining area features a wrap-around porch, wide floorboards and trim work, and historic touches along with 40 indoor seats, a 12-tap bar area, and full commercial kitchen with 12’ hood.

The outdoor beer garden features 50 seats and a small stage used for live entertainment in summer and fall months.

The second floor apartment features 3 bedrooms, including a large finished attic space, updated finishes, and stunning sunset views.

SALE PRICE: $895,000
About the Business
Facilities & Assets
Sale includes the business and real estate of Sterlingtown Public House, located on Union Common. The property includes a 3,745± SF historic building originally built in 1835 and renovated since 2019/2021, with a first-floor restaurant, 40 indoor seats, 12-tap bar, full commercial kitchen with 12’ hood, wrap-around porch, and 50-seat outdoor beer garden with a small stage for live entertainment. The second floor includes a 3-bedroom apartment with updated finishes, finished attic space, and sunset views. Assets include extensive restaurant, kitchen, bar, dining room, beer garden, storage, POS, refrigeration, freezer, and apartment equipment.
Market Outlook / Competition
Sterlingtown Public House benefits from a strong local, year-round following in Midcoast Maine and is located directly on Union Common. The property is one of only two year-round full-service restaurants within a 5-mile radius, which helps create a favorable competitive position. Nearby businesses and amenities include Common Market, Common House of Pizza, Sterlingtown Bakery, and the United States Postal Service. The location is approximately 15 minutes to Rockland and 25 minutes to Augusta, allowing the business to serve both local residents and regional visitors.
Opportunities for Growth
A new owner has several opportunities to grow the business, including expanding food and beverage service, increasing use of the 50-seat beer garden, hosting additional live music or seasonal events, adding café or farm-to-table concepts, and increasing private events or community programming. The 12-tap bar, full commercial kitchen, outdoor seating, stage, and on-site apartment create flexibility for an owner-operator. There may also be opportunities to enhance marketing, social media, catering, takeout, special events, and regional partnerships to further build on the business’s existing local following.
Real Estate
Owned or Leased
Owned
Not included in asking price
About the Sale
Transition Support
Ownership can provide a reasonable transition period to help a new buyer understand the day-to-day operation of the restaurant, including vendor relationships, equipment usage, kitchen/bar setup, POS system, customer flow, and general business practices. Training may include operational walkthroughs, introductions to key vendors or local contacts, review of existing systems and procedures, and general guidance on the property, beer garden, stage use, and apartment layout. Specific support and training terms can be discussed as part of the purchase agreement.
Listing Info
ID
2413908
Listing Views
142
Attached DocumentsAttachment Disclaimer

eOM_289 Common Road, Union.pdf

Business Location

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Business Listed by: Roy Donnelly

Listing ID: 2413908 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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