Finns Irish Pub
Recently Sold
Financials
Asking Price of business :$Included In Asking Price :Furniture, Fixtures & Equipment $50,000
Inventory :$12,000
Asking Price Of Real Estate :$495,000
Annual Sales :$1,550,000 Cash Flow :$275,000
Summary Description
This popular Ellsworth restaurant has been a local institution for decades. Built around a historic diner car that serves as Finn’s bar area the expanded building includes an additional seating area and full dining room in the back.
General Information
Year Established :2012Employees :8 FT / 10 PT
Facilities :The business occupies a 2,600-square-foot building that also includes a full diner car that serves as the bar area. There is a full kitchen, walk-in, office, and storage area, and two main seating areas. There are two entrances, one in the front and another in the back with a new handicapped-accessible ramp. The real estate is included in the sale.
Business Location :Ellsworth, ME
Market Outlook
Competition & Market :
Downtown Ellsworth has a number of restaurants and bars, and the area has grown into an attractive and vibrant district. At the gateway of Bar Harbor and “Downeast” Maine, Ellsworth is a waypoint for tourists and visitors almost year round.
Growth & Expansion :
There is an immediate opportunity to expand Finn’s hours to 7 days a week and keep the bar open later for drink service. To-go foods have been a significant sales channel during COVID and can be continued.
About the Sale
Financing :Anticipated Bank 500,000. Down Payment 150,000. Working Capital Needed $25,000
Support/Training : The seller will provide transitional training to a new owner.Reason for Sale : Seller desires to spend more time pursuing other opportunities.
Contact Information
Brian D. Hanson
Maine Business Brokers
Phone: 207-775-1957 x 108
Email: .(JavaScript must be enabled to view this email address)
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