Asking Price:

$250,000

Gross Income:

$517,000

Cash Flow:

$100,000

EBITDA:

N/A

FF&E:

$75,000.00 *

Inventory:

$20,000.00 **

Real Estate:

$550,000.00 **

Year Established:

1980

Employees:

8 ft / 15 pt

Business Types:

Restaurants
Other Eating & Drinking Places

** not included in the asking price

* included in the asking price

Business Description

This seasonal sandwich shop is located in one of Maine s most
popular and scenic coastal towns. It has become a landmark in
the area, known for its great food and fast service. It serves a
wide variety of hot and cold sandwiches, plus some fried foods.
Ancillary sales include beverages and a limited line of groceries.
Dining is eat-in, eat outside or take-out. Due to the highly
confidential nature of the sale, location information will be
provided only after a buyer prospect has registered with Maine
Business Brokers.

Detailed Information

Facilities:

The facility is outstanding. It is attractive, well-laid out, extremely well-equipped with plenty of room and equipment for high-volume sales.

Competition:

This shop has limited competition, giving it a strategic advantage. Its ideal coastal location gives it a lucrative and unique market niche, guaranteeing a steady flow of customers.

Growth/Expansion:

A new owner can easily expand the food options to increase sales. There are a number of high-profit, popular items that can be added to the menu. The season can also be extended.

Financing:

Seller 125K on Biz. Bank 385K on RE. 125K. Working Capital Needed 5K.

Support/Training:

This shop has limited competition, giving it a strategic advantage. Its ideal coastal location gives it a lucrative and unique market niche, guaranteeing a steady flow of customers.

Reason Selling:

Ownership has other commitments and interests;

Broker Information

Brian Hanson

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