Profitable Turn-Key Lakes Region Restaurant for Sale

Cumberland County, ME

Profitable Turn-Key Lakes Region Restaurant for Sale
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Asking Price: Get Financing: $399,000

Cash Flow: $211,344

Gross Revenue: $1,081,046

EBITDA: N/A

FF&E: N/A

Inventory: $12,000*

Lease Rate: $3,500 /Month

Established: N/A

*not included in asking price.

Profitable Turn-Key Lakes Region Restaurant for Sale

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Business Description

This thriving restaurant is located in the Lakes Region of Cumberland County, Maine. The Business is located in a brand new facility that offers ample seating, a new kitchen, and a great patio area. This turn-key restaurant has seen great growth since opening and is primed to grow even more with a new owner. This business is located in a great area that is up and coming and offers a new owner a product that is well received, scoring a 4.3 out of 5 stars on Google reviews.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
2,200
Lease Expiration:
N/A
Employees:
10 FT/15 PT
Facilities:
This property was completely remodeled in 2015 and offers and brand new kitchen as well as a spacious patio. The sitting area has a bar, several high top tables and regular tables and sits 50-60 people.
Competition:
The current owner believes that quality of service and product set this restaurant apart from others in the area.
Growth & Expansion:
Extended hours.
Support & Training:
The seller wants a smooth transition and will work with a buyer to keep things running as they are.
Reason for Selling:
A well deserved retirement.
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Scott Balfour

Business Listed By:
Scott Balfour

Magnusson Balfour Commercial & Business Brokers

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