Sell a Business!
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Maine Business For Sale |
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| RESTAURANT/BAR WITH PREMIER LOCATION IN PORTLAND |
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| Attn: Todd Smith |
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| Portland, ME, USA |
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| Asking Price: |
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$299,000 USD USA Dollars |
| Business for Sale Industry: |
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Food & Beverage: Restaurants, Fast Food, Deli |
| Reason for Selling: |
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Moving Abroad |
| Year Established: |
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2003 |
| Yearly Revenues: |
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$2,300,000 |
| Yearly Gross Income: |
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$2,500,000 |
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Business for Sale Overview:
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Great Opportunity! 6,000 square feet stand alone restaurant with 200 seats plus a 50 seat outdoor deck. The site has a very high traffic count and 250 parking spaces. Current owners have a SBA loan that is assignable.
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Property Features and Assets:
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The build-out is beautiful and the facilities are like new. The current owners are grossing $2,300,000 per year and trending upward. A different concept here could do far better. This is a must see location with tremendous conversion potential.
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Market Competition and Expansion:
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The location is great for almost any concept. It has a long lease with a below market rent rate. The numbers could be grown quickly with a different concept and an increased focus on the bar. The layout is configured for a strong restaurant and bar business. |
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Additional Details:
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- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise opportunity.
- This is not a distressed business or bankruptcy situation.
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