South Portland, ME
This restaurant has been an icon in the area for many years and continues to provide great service, quality food and a fun atmosphere that many people have come to expect and enjoy. The facility includes a large open dining and bar area, two smaller rooms for private functions, a game room, storage area and fully equipped kitchen. Located in a busy area with plenty of parking.
York County, ME
Another great year completed in 2014! Top line growth and continued solid profits and cash flow. Contact us to learn more and do your due diligence. Observe the steady repeat customer base. Yours to transition - $2.6 Million worth - the highest volume high quality dining in Southern Maine. This is an opportunity to acquire one of the premier year-round waterfront restaurants in all of New England. With a culinary reputation to match its unparalleled harbor location, the business has experienced a compound average annual growth rate of 15% since inception with growth continuing through the 2008/09 economic downturn. The establishment has equally impressive results when compared to the national averages for fine-dining restaurants: 3x the average operating margin. This is a rare chance to either own a stand-alone landmark or add a stellar performer to an existing restaurant group portfolio. Since this property has both an impeccable reputation and loyal customer base AND an ideal size, location and market, a buyer can chose to continue the current business model or explore the entire spectrum of dining concepts. The current chef and front-of-the-house manager are willing to stay on post-acquisition for a negotiated transition period with appropriate employment contracts.
We are pleased to offer for sale the combination of a successful restaurant with a strong customer base along with a prime investment property located on Portland's Peninsula. PRE-QUALIFICATION & SIGNED CARDENTE CONFIDENTIALITY AGREEMENT REQUIRED PRIOR TO DISCLOSURE OF ANY DETAILS RELATING TO PROPERTY OR BUSINESS (INCLUDING ADDRESS).
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