Great opportunity for an aspiring Restauranteur
Asking Price: | $149,000 |
Inventory: | $12,000 |
Established Year: | 2021 |
Gross Revenue: | $964,548 |
FF&E: | $132,000 |
Mad Kat & Company, established in March 2021, is a leading establishment in the restaurant and alcoholic beverage industry, located at 393 North Main Street, Brewer, ME. The business prides itself on being a versatile venue that offers a blend of dining, entertainment, and private event-hosting services. With a solid business model that derives revenue from food and beverage sales (90%) and rental income (10%), the company maintains a competitive edge through its unique offerings such as karaoke, trivia nights, and high-quality audio-visual entertainment. Despite its relatively recent entry into the market, Mad Kat & Company has established a loyal customer base that frequents the establishment daily.
The business benefits from a long-term lease, with 16 years remaining, ensuring stability and location continuity for prospective buyers. The operational premises are well-suited to support the business's current and future endeavors within the drinking and dining industry.
As an entity in the restaurant and alcoholic beverage industry, Mad Kat & Company adheres to all relevant federal, state, and local regulations. It maintains all necessary licenses to operate legally, including liquor licenses, health and safety permits, and any other required operational permits. Compliance with these regulations ensures the smooth operation of the business and secures its reputation among customers and within the broader community.
Mad Kat & Company offers a comprehensive entertainment and dining experience. The establishment features an array of amenities, such as 11 TVs for sports viewing, weekly entertainment in trivia, karaoke nights, and a private event room for hosting various functions. The venue caters to a broad audience by providing a fun, welcoming environment complemented by a menu of American pub food and drinks. The business operates from Tuesday to Sunday and actively engages with its clientele through scheduled events.