Kennebunkport Turn Key Restaurant For Sale

York County, ME

Seller Financing Available
Kennebunkport Turn Key Restaurant For Sale
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Asking Price: $115,000

Cash Flow: $85,000

Gross Revenue: $910,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: N/A

Established: 2004

Kennebunkport Turn Key Restaurant For Sale

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Business Description

Unique and cozy 78 seat restaurant with full bar

Opened in 2004, this successful restaurant has continued growth and could further sales figures by adding lunch hours. New lease options available through landlord. Sale does not include business name, but includes all equipment and wares to open immediately. Absolute easy turn key opportunity ideal for a chef looking to take the next step -OR- a possible additional location for established entrepreneur. Open kitchen concept. Main dining room, bar, and kitchen in one room, with a second dining room in newer addition of a total of 78 seats. All equipment vey well maintained with many updates and unique touches. Rare opportunity to step into a working, permitted, licensed restaurant without the hassles and costs of a full build out. Great landlord to work with over our 15 year relationship.

Detailed Information

Real Estate:
Owned
Building SF:
2,400
Facilities:
Approx 2500 sf or leased divided between two dining rooms, kitchen and storage area. Custom built host and waiting area. Concrete bar with 12 stools. Solid wood butcher block tables and chairs/stools for 66 seats. Custom built wait station . Includes POS system with 2 stationary terminals + printers. Bar is stocked with all necessary refrigeration, utensils, glassware + keg cooler. Kitchen equipment: convection oven, fryer, 36" charbroiler, 10 burner American range, upright freezer, walk in cooler, 93" pizza prep, 2 prep top coolers, tons of small wares.
Competition:
This is a well known, great downtown location in busy coastal town. Every year has great summer business and continued growth in the shoulder and winter seasons. There are many fine establishments and locals and tourists alike appreciate quality foods and service. This is simply a turn key restaurant where you will have the opportunity to realize your dream. At this price we are not selling our name and/or concept.
Growth & Expansion:
We are willing to share some simple sales figures with qualified buyer showing what revenues are currently. There is easy expansion in adding lunch service if desired.
Financing:
May consider partial owner financing for the right individual.
Support & Training:
Training and support available if needed and desired. Willing to share what I know but hoping that a new operator has a plan to reach their dream. Willing to do what it takes to help someone else get going.
Reason for Selling:
Looking to make a change in the not too distant future.
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Business Listed By:
Scott Lee

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