-- Maine: The Way Life Should Be! --

Restaurant & R/estate- Absentee Ownership, BIG Cash Flow!

Since 1979, this long-standing, historic restaurant and building on a historic main street has been serving loyal and new customers with classic American cuisine. The current ownership is mostly absentee, so there is a solid organization in place for a new owner. Addt'l tenants provide rental income to this overall business opportunity. And, significant Seller Financing is available for qualified buyers. Once-in-a-lifetime-opportunity!!

Industry:  Food and Beverage
Industry Segment:  Restaurants
Geography:  United States > Maine > Bath
Asking Price:  $2,000,000
Gross Revenue:  $2,500,000
Cash Flow:  $673,000
Value of Inventory:  $25,000
Value of Equipment:  $100,000 (Included in Asking Price)
Value of Real Estate:  $800,000
Seller Financing:  Negotiable and willing
Year Established:  1979
Number of Employees:  12
Mgmt. Training/Support:  Strong organization/management in-place. Owner transition as needed.
Reason For Selling:  retirement
Facilities:  Premier, well-known location. Historic building includes restaurant, pub, rental units.
Market Outlook/Competition:  Steady business = Big Cash Flow!
Name:  Stephen A. Strand, CPA
Email:  sstrand@cbbofmaine.com
Phone:  207-838-3118