HS Listing ID-71641
Asking Price: $2,495,000
Restaurant Cash Flow (SDE): ~$320,000
Apartments Rentals add $54k of Income
Another 34k annually to follow on top once the vacant offices are rented.
Rare opportunity to acquire a 30+ year established restaurant along with the underlying mixed-use commercial real estate in Oxford County, Maine. The property contain a restaurant, 3 apartment units, and a commercial office space with 6 individual office rentals.
The restaurant business portion is valued at approximately $900,000 and generates an impressive Seller’s Discretionary Earnings (SDE) of approximately $320,000 annually. The remaining value is supported by the income-producing real estate and rental components.
Highlights:
30+ years of successful operation
Prime location
Mixed use buildings contain a restaurant, 3 apartment units, and a commercial office space with 6 individual office rentals.
Strong annual SDE of approximately $320,000
Real estate included in sale
Multiple revenue streams from business and tenants
SBA financing available
Pre-approved SBA lender program with as little as 10% down for qualified buyers
Seller willing to remain for up to one year or longer, subject to mutually agreed terms, ensuring a smooth transition and continued success
This opportunity is ideal for an owner-operator, investor, or hospitality group seeking a profitable, turnkey business backed by valuable income-producing real estate.
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
