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Business For Sale

Hot Concept - Maine Mall Area

Greater Portland, ME, USA

Food & Beverage: Non-classifiable

Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$395,000
$875,000
Not Disclosed
$212,100
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
2006
16
10727923

Business for Sale Overview:

Brand Name Recognition with no franchise fees – this is the ideal opportunity for a person who has ever dreamed of owning a successful restaurant. This concept is easy to understand and easy to run. The current owners had no restaurant experience and have been profitable since opening. Seasoned staff and a GM in place will make for a seamless transition. An increase in revenue of $100,000 can add $60,000 to your bottom line immediately. • Nearly 4,000 square feet + incredible basement storage • 114 seats – licensed for more • 35 dedicated parking spots • Average ticket $10-$12 • Food/Beverage 80/20 • Beer and Wine License • Family Atmosphere

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

3,900 sq ft with direct frontage and dedicated parking in Maine Mall area.

Market Competition and Expansion:

This is the #1 fastest growing segment in the food service industry. Voted “Best of” every year since it opened.This location should easily be doing over $1MM per year in Revenue. A disruptive major road construction project impeded growth, but the business performed well during the recession and construction.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.

Resources:

 

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