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Restaurant and Wine Bar for Sale

ME

Restaurant and Wine Bar
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Asking Price: $249,000

Cash Flow: $172,177

Gross Revenue: $814,570

EBITDA: N/A

FF&E: N/A

Inventory: $11,000*

Established: 2010

*not included in asking price.

Restaurant and Wine Bar for Sale

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Business Description

This restaurant features small plates and wine. Now, focusing on regionally specific Italian cuisine. The creativity of whimsical Mediterranean dishes and wine bar has made this a very popular destination.

Detailed Information

Inventory:
Not included in asking price
Employees:
4FT 13PT
Facilities:
Leased space (first floor) is 2,600 sq’, features a rustic interior decor, heavily accented by Italian items.
Competition:
Known for high quality, seasonal food w/attention to detail; strong nightly specials. Great relationships w/local farmers & purveyors. Excellent service that goes above & beyond, in an incredible night-time atmosphere. A very large group of regular diners that visit year ‘round. Core employees w/excellent retention rate.
Growth & Expansion:
Frankly, there are a number of grown ideas here. Brunch & lunch are easy culprits as this town could easily support those offerings. In addition, drafted plans to convert the “office” into a pasta production facility to wholesale pasta. Event Catering (we dabble, but have not gone “all in” on this aspect.
Support & Training:
Seller would like to see the new owner to be successful and assist in a smooth training and transition plan as negotiated in a purchase and sale agreement.
Reason for Selling:
Seller moving to New Hampshire.
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Contact the Seller

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Scott Balfour

Business Listed By:
Scott Balfour

Keller Williams Realty

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