Stunning and Profitable Year-Round Restaurant and Bar in Maine

Asking Price$299,000

Cash Flow

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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Stunning and Profitable Year-Round Restaurant and Bar in Maine


Asking Price$299,000

Cash Flow

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
Real estate $299k; intellectual property $24K
The restaurant has become something of a destination location with many guests traveling some distance to dine here. For 4-6 months out of the year reservations take up approximately 75-100% of our available seating; the rest of the year less so, but still significant--evidence that the name is well-known and respected. The business has been profitable despite very limited hours and the investment of six figures in the building itself (out of the business). Hours could be greatly expanded. Reframing the business as an outdoor center, old-fashioned general store AND restaurant could offer additional income and value as well as serve to deepen perceptions of the place as a destination not to be missed. With the inclusion of comfortable living quarters, the value at the price is almost ridiculous.
About the Business
Facilities & Assets
The building is located in an area that is known for its world-class hiking, boating, fishing, hunting, snowmobiling and four-wheeling (the real estate is located on a major groomed trail). The restaurant is fully equipped with a bar; total seating is 75 inside and 24 outside. The restaurant portion of the building has been fully renovated to highlight original features that include a tin ceiling. The restaurant could easily house any type of restaurant, including fine dining. The kitchen has a great deal of new or newer equipment. There is ample parking, modernized heating and cooling, and low taxes. In addition, the second floor has been renovated and includes a comfortable living space with both inside and outside entrances and a fenced in yard. The third floor could offer additional living space with work and the full basement is solid and dry. It is a solid building.
Market Outlook / Competition
Information will be included with signed NDA
Opportunities for Growth
Information will be included with signed NDA
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
3,600
About the Sale
Seller Motivation
This is a much deserved and long overdue retirement!
Transition Support
All recipes, name, intellectual property, training, social media offered at an additional $24,000.
Listing Info
ID
2539590
Listing Views

Listing ID: 2539590 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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