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Popular Restaurant In York County For Sale

York County, Maine, US
Asking Price:
$1,900,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,306,978 (USD)
Cash Flow:
$120,337 (USD)

Popular restaurant offering the complete pub dining experience, featuring burgers, pizza, steak and seafood – all menu items that are popular to the general public. Customers are primarily year-round residents and tourists from the local area. Due to its stellar reputation, 95% of business is repeat customers. This business offers a unique opportunity as it also includes additional buildings which can be used for either rental income, housing of staff and/or owner-occupied opportunities.

Property Information

Real Estate:

Real Property Included

Living Accommodation:

Single Family home

Location:

Popular tourist area.

Premises Details:

11,749+/- SF restaurant with function center, bar, and dining room, plus on-site duplex and SF single family residence.

Business Operation

Expansion Potential:

"Focus more effort on continuing to increase the banquet facility rather than rely on the seasonality of the tourism industry. Consider offering a delivery service. A new owner may look to further specialize or make a break-through with a certain food category and create a game-changing effect.
"

Competition / Market:

There are several other restaurants in the vicinity, but there are plenty of diners, both locals and tourists, to go around. The restaurant sees consistently good reviews on its Trip Advisor page with customers speaking highly of the good food, large portion size, and nice atmosphere. This business has a lower employee turnover rate than industry average, however finding enough staff can still be difficult in the busy summer season.

Reasons for selling:

Cutting back

Employees:
8 FT/23 PT
Years established:
2015

Other Information

Support & training:

2 weeks

Furniture / Fixtures value:
$129,800 (USD) - included in the asking price

Contact Information

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