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Business 4 Sale. Marine Construction – Hi-End Docks & More. Price reduced to $325K. Sales $325K. Cash Flow $110K. Go to: http://goo.gl/bbzD
Featured Opportunities
Marine Construction – Docks Plus
Residential & commercial customers in outstanding scenic area of state.Lobster Wharf & Restaurant
Thriving wholesale & food business on picturesque harbor!Market, Restaurant & Liq. Store
Strong year-round sales with in 32% high-margin food!
Event and Conference Center
Financials
Asking Price of Business: $650,000
Included in the Asking Price:
- Furniture, Fixtures & Equipment: $360,000
- Inventory: $15,000
Asking Price of Real Estate: $3,000,000
Cash Flow: $365,000
Annual Sales: $650,000
Summary Description
This newly constructed (2004) high-tech conference center is ideally situated to serve Maine’s most populous areas. Located on approximately 29 acres this amazing facility can accommodate up to 300 guests. The energy efficient property is certified as an “Environmental Leader” through Maine’s Department of Environmental Protection green lodging program. An adjacent-eight room B&B and inn enjoys a 51% occupancy rate. The property has ample room for additional lodging facilities. The sale includes real estate and is suitable for a 1031 Exchange.
General Information
Year Established: 1992
Employees: 4 FT / 8PT
The facilities have been designed for ease of maintenance and energy efficiency. All the infrastructure is in place to allow new ownership to take over without having to undertake a major expansion.
Market Outlook
Competition & MarketThe "gathering place" event center has a following of Central Maine based non-profit and governmental agencies that use the facility on an exclusive basis. The space needs to be marketed to clients in a broader geographic area.
Growth & Expansion:
There is a strong demand for hospitality facilities that can host weddings, business meetings and other events in a setting other than a hotel ballroom. This business is in a unique position to meet those demands as well as being a property that encourages environmentally friendly practices. The current owners recognize that new ownership needs a marketing background.
About the Sale
Financing:
Financing to be determined on a individual basis. $50K working capital needed.
Support/Training: Support training will be available.
Reason for Sale: Retirement
Contact Information
Lee Edwards
Maine Business Brokers Network
Phone: 207-775-1957
Lee@MaineBusinessBrokers.com
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