York Beach Restaurant

York, ME (York County)

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Asking Price: Get Financing: $589,900

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: $100,000

FF&E: $35,000

Inventory: $10,000

Real Estate: $589,900

Established: 2016

York Beach Restaurant

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Business Description

This very busy location offers heavy foot traffic for the beach and tourist crowds and is now serving locals as well with their great reputation for Barbeques foods and fresh seafood. it operates as Gaskins Seafood and Lobster and has had a very profitable two years since its creation. Previously it was operated as Harrys Seafood for ten successful years. A buyer can do their own concept or can continue as Gaskins with the right to do business under that name.
It features a new interior and upgraded kitchen and equipment along with a computer tracking system POS and a digital menus board. The barbeque system is state of the art and is as simple as pushing a button. The combination of barbeque and Seafood is unique and offers a family a choice of a small dinner plate of chicken fingers to Lobster rolls to Smoke Pork Butts and Ribs that are truly delicious.
The facility main floor is 1276 and has outdoor seating as well as a storage room in back along with two private parking spaces. It seats 30 inside and 8 outside. There is a second half story that could be converted to an apartment with town approvals.
The sale includes the real estate and all equipment.

Attached Documents


Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
1,276
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
A 30 seat restaurant with tables outside that features a casual and friendly atmosphere with family pricing and diversity of unique barbeques foods and seafood .
Competition:
This area is tight and packed with people all the time. It is seasonal abut you do get the extended seasons before and after. Other restaurants offer different style products and the space to open more is extremely limited
Growth & Expansion:
The expansion on this operation would be to open more before and after the season. There is a market for Barbeques catering for events that could be done year round.
Support & Training:
Two weeks
Reason for Selling:
Moving to Florida for second location
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Arthur Pappas

Business Listed By:
Arthur Pappas

Keller Williams Coastal

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