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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
Family Restaurant and Lounge
Newly renovated, full bar, 150 seats!Market, Restaurant & Liq. Store
Strong year-round sales with in 32% high-margin food!Food Manufacturing Business
Growing wholesale business with a niche market!
Landmark Diner
Financials
Asking Price of Business: $85,000
Included in the Asking Price:
- Furniture, Fixtures & Equipment: $50,000
Asking Price of Real Estate: $200,000
Cash Flow: $90,000
Cash flow includes $65,000 from business and $25,000 from real estate rent add-back.
Annual Sales: $425,000
Summary Description
This nationally recognized and unique landmark diner is located in Central Maine. Its excellent reputation and loyal customer traffic provide steady revenue year round. The full menu encompasses home-style comfort fare along with more eclectic items and a limited beer and wine selection. The well-maintained facility and large kitchen allows for considerable expansion into catering and take-out with the current infrastructure.
General Information
Year Established: 1950
Employees: 20 Part-Time
The real estate, which is included in the purchase, includes a 3-story building with restaurant, apartment, storage and restrooms. Owner apartment is currently used for office and storage space. The acquisition price of the real estate is $200,000.
Market Outlook
Competition & MarketLimited competition, brand recognition and central location make this a unique business.
Growth & Expansion:
There are excellent expansion opportunities into new product lines, take-out and catering.
About the Sale
Financing:
- Seller/Bank on Business: $50,000
- Bank on Real Estate: $150,000
- Down Payment Needed: $85,000
- Working Capital Needed $15,000
Support/Training: Seller will provide transition training and consulting.
Reason for Sale: Seller has other business interests.
Contact Information
Lee Edwards
Phone: 207-775-1957
Lee@MaineBusinessBrokers.com
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