Description
A beautiful beachfront property with profitable restaurant is for sale on the Southern Maine Coast. This near 300 seat restaurant includes deck space is situated on a .58 acre lot with direct access to the beach and sweeping views of the ocean and islands. The restaurant’s wonderful reputation and culinary experience attract locals and tourists alike. There is a very experienced staff in place making this a turn-key operation for the next successful owner.
Detailed Information:
The Restaurant and the Real Estate are being sold for: $2,700,000
Restaurant Revenues: $ 1,929,132
Sellers Discretionary Income: $514,296
Facilities: The business is located on a beautiful section of the Maine coast. There are five dining areas within the restaurant including two bars with a total seat count of almost 300 customers. There is parking on site for patrons.
Competition: There are several competitors in the market, but few fine dining options and even fewer located directly on the water. The unique property and the restaurant’s atmosphere and food quality set it apart from the rest!
Growth & Expansion: Increasing marketing efforts could provide growth all areas of the business including private parties, events and weddings.
Support & Training: Seller is willing to assist in support and training.
Reason for Selling: Divestiture, Retirement
To receive additional information on this opportunity, please complete the attached Non-Disclosure Agreement and return to info@FirstStreetBB.com. Location noted on map below is not correct due to confidentiality.
Real Estate offered through our Broker, Bean Group, 1-800-450-7784.