York County, ME
Another great year completed in 2014! Top line growth and continued solid profits! Time to buy - before the high season begins!
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).
Cumberland County, ME
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