Portland Restaurant Casual Dining

Portland, ME (Cumberland County)

Couple Dining at a Restaurant

Asking Price:$175,000

Cash Flow:$80,000

Gross Revenue:$650,000

EBITDA:N/A

FF&E:$50,000

Inventory:$25,000*

Rate/Sq. Ft.:N/A

Established:2007

*not included in asking price.

Portland Restaurant Casual Dining

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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.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building Sq. Ft.:
N/A
Lease Expiration:
N/A
Employees:
12 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The location is a destination for casual fine dining that includes select restaurants and other attractions.
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.
Financing:
Bank Financing $125,000. Working Capital Needed $25,000. Inventory Purchase $25,000.
Support & Training:
Seller will provide transition training and consulting.
Reason for Selling:
Seller has other business interests.

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Brian Hanson

Business Listed By:
Brian Hanson

Maine Business Brokers

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