This is an exceptional opportunity to own two Maine seafood restaurants, both located within 30 miles of Bangor.
They’re far enough apart to not compete with each other, but close enough to make managing both easy!
They are family-style, year-round seafood restaurants boasting ratings of 4 and 4.5 stars on Google respectively.
They feature a menu that has something for every seafood lover’s taste. Haddock chowder, clam chowder, Fisherman’s Platter, scallops, clams, oysters, shrimp, fish & chips and much more.
For those hungry for something else, they also serve chicken, burgers, chicken-parm, pot roast, etc. If you’re looking for a profitable business in the restaurant sector, this just might be the one for you!
Financials (representing two restaurants combined)
Asking Price: $2.08M
Gross Revenue: $2.96M
Cash Flow: $690,662
FF&E: $230,000 (Included in the asking price)
Inventory: $30,000 (Included in the asking price)
Real estate: $1,250,000.(Might be available. Incidental to the sale of the business. Additional to the asking price, subject to commercial appraisal)
Employees: 6 FT, 60 PT
Payroll: $58,667/month
Training: Seller will train.
Reason for sale: Retirement
Note: Financials are seller-provided and not audited by Inbar Group, Inc.
