Description
A rare opportunity awaits on the picturesque Southern Maine Coast: a thriving beachfront restaurant and its premium real estate are now available for sale. This established, highly profitable operation features nearly 300 seats, including expansive outdoor deck dining with unmatched panoramic views of the ocean and nearby islands. Guests enjoy direct beach access, making this destination a favorite for both locals and the steady influx of seasonal visitors.
Renowned for its exceptional cuisine, inviting atmosphere, and consistent service, the restaurant enjoys a strong reputation built over decades. With a talented, long-tenured staff and semi-absentee ownership, this offering is truly turnkey for a buyer seeking a smooth transition into a proven, well-run hospitality business.
Detailed Information:
Asking Price (Restaurant + Real Estate): $3,300,000
Revenues: $2,700,000
Seller’s Discretionary Income: $484,000
Furniture, Fixtures, & Equipment (FF&E): $700,000 Est. (included)
Inventory: $35,000 Est. (not included)
Facilities: Nestled along one of Maine’s most beautiful coastal stretches, the property features multiple bars and unique areas inside and out for dining — and comfortable seating for approximately 300 guests. On-site parking enhances convenience for patrons. The building is meticulously maintained, with layouts ideal for high-volume service and special events.
Competition: While several restaurants operate in the region, few offer the combination of fine dining, waterfront access, and breathtaking views found here. The setting, service quality, and culinary excellence uniquely position this restaurant as a standout in the market.
Growth & Expansion: Significant upside potential exists with expanded marketing, especially in promoting private parties, corporate events, and beachfront weddings, all of which could become substantial revenue drivers.
Support & Training: Seller is willing to stay on to assist in support and training.
Reason for Selling: Divestiture
To Receive the Confidential Package on this business with real estate, please complete the attached NDA and email to info@firststreetbb.com or fax back to us at 603-501-3241. The location noted on the map is incorrect due to the high level of confidentiality.
The Broker of record for the real estate is Aland Commercial at 603-501-0463.