Restaurant and Bar Including Real Estate

York County, ME
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Sale Pending
Asking Price:$998,000
Gross Revenue:$1,462,388
FF&E:$97,500
Established Year:1999
Cash Flow:$96,990
Inventory:$75,000
Real Estate:$403,000
BUSINESS DESCRIPTION

Excellent opportunity to acquire this Restaurant and Bar with 25 year history of success. Real Estate included with the sale. American style restaurant and bar plus separate attached bar with a sports bar atmosphere. Lots of repeat business and room to grow.
Contact Broker for more details.


DETAILED INFORMATION
Location
York County, ME
Inventory
Included in asking price
Real Estate
Owned
Included in asking price
Building SF
5,732
Employees
18
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Free-standing building in excellent condition. Great visibility on busy US Route 1.
Competition
Very desirable area with relatively low concentration of full service Casual Dining sector.
Growth & Expansion
Outside patio area available for service and the business license offers additional seating. Expanding the building footprint to increase the seating and services.
Support & Training
Owner offering 2 weeks of training and transition assistance.
Reason for Selling
Seller is retiring to pursue other interests.
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Ed
Larochelle
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Ed Larochelle