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Well Established Coastal Year-Round Restaurant & Lounge

Maine

Retail - Restaurants | Retail - Bars/Taverns

Asking Price $899,000 Inventory  
Gross Income $694,700 Real Estate  
Cash Flow $203,500 Year Established 1991
FF&E $165,500* Employees 10 + 2 Owners

* included in the asking price

** not included in the asking price

Beautiful and successful restaurant and lounge offers huge opportunity for live-in owner operator with fabulous extra cash flow through building rental income. This business is in the heart of a beautiful Maine coastal town and offers outdoor seating during the summer months and cozy indoor seating for year around diners. This restaurant has a strong local year-round following with a huge boost during the summer season from Maine Tourists.

Facilities: The restaurant space is exquisitely furnished and decorated. In addition, there are 6 furnished rooms and a full penthouse that could serve as living quarters for the owners, or additional rental income. The building has been fully renovated and is in fabulous condition.

Support/Training: Training will be supplied per need of purchaser.

Reason Selling: Sellers have 2 businesses and 2 small children.

Business listed by

Elisabeth Magnusson

(207) 774-7715


Magnusson Balfour Commercial & Business Brokers


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