Terrific opportunity to own and operate an iconic Seafood Restaurant with valuable real estate in Southern Maine. This family-friendly restaurant is a casual and an enjoyable place to visit for tourist and locals alike. Customers come from all over to experience a taste of Maine in this well known spot. During the peak months this place is jammed and the staff are able to crank out consistently good food at reasonable prices. The restaurant has strong tenured management in place and the owner is absentee. The asking price for the restaurant includes all Furniture, Fixtures and Equipment. The real estate may be leased or purchased.
Price for Business: $449,000
Furniture, Fixtures, & Equipment (FF&E): TBD
Seller’s Discretionary Income: $100,000
Real Estate: For Lease at $5,000/month triple net or for sale for $1,000,000
Facilities: The business is located in a high traffic location and serves tourists traveling through Maine and locals. The building is approximately 3790 +/- Square feet with a large off street paved parking area on approximately one acre. There is an outside deck for customers to enjoy eating and sitting outside. Seller is willing to lease for $5,000/month, triple net or sell the property for $1,000,000.
Competition: There are very few direct competitors serving this type of food in the area.
Growth & Expansion: There are numerous ways to increase the business of this already popular restaurant and are outlined in the confidential package.
Support & Training: Seller is willing to assist in support and training.
Reason for Selling: Divestiture
Real Estate offered through our Broker, Aland Commercial, 1-800-324-3776.