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Restaurant/Bar with Premier Location in Portland Maine

Portland, Maine (Cumberland County)

Retail - Restaurants | Retail - Bars/Taverns

Asking Price $299,000 Inventory $10,000** 
Gross Income $2,300,000 Real Estate  
Cash Flow Not Disclosed Year Established N/A
FF&E $160,000* Employees N/A

* included in the asking price

** not included in the asking price

Great Opportunity! 6,000 square foot stand alone restaurant with 200 seats plus a 50 seat outdoor deck. The site has a very high traffic count and 250 parking spaces. The build-out is beautiful and the facilities are like new. The current owners are grossing $2,350,000 per year and trending upward. A different concept here could do far better. This is a must see location with tremendous conversion potential. Asking Price: $299,000 Rent $16,083 NNN with 15 years left on the lease with three (3) ten (10) year options. The location is great for almost any concept. It has a long lease with a below market rent rate. The numbers could be grown quickly with a different concept and an increased focus on the bar. The layout is configured for a strong restaurant and bar business.

Facilities: 6,000 square foot stand alone restaurant with 200 seats plus a 50 seat outdoor deck. The site has a very high traffic count and 250 parking spaces.

Financing: Financing available

Support/Training: Training will be provided

Reason Selling: Moving Abroad

Business listed by

Todd Smith

617-901-3225


Corbett Restaurant Group


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