| Asking Price |
$3,250,000 | Inventory |
|
|---|---|---|---|
| Gross Income |
829,280 | Real Estate |
$2,700,000* |
| Cash Flow |
$356,848 | Year Established | N/A |
| FF&E |
$300,000* | Employees | N/A |
* included in the asking price
** not included in the asking price
Famous seasonal inn and restaurant. Pay the upkeep, mortgage AND yourself and work only half a year!!! Largest lodging facility in town. Location, location, location. A real classic; there are very few remaining. Property is beautiul. More than a million dollars in recent improvements! Perfect blend of old and new. A real trophy property!!!!! Minutes to the water. Many famous guests. Business is soaring. Financials strong. Income, cash flow and recent appraisal easily support this dream. A real business, not a hobby like many B&B's. A once in a lifetime opportunity. A regional development council projects that in five years, the Knox-Waldo region will become one of the most robust business regions of Maine AND New England. Owner is motivated and will stay around to assist in transition! Many lodging properties subsidize the slow winter business. Smarter to buy seasonal, take the winter off and re-charge your batteries. Financing available for great businesses like this one.

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