Listing ID: 71641

Business Overview

Asking Price: $2,500,000

Restaurant Cash Flow (SDE): ~$390,000

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 $390,000 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 $390,000

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

Business Owners: We represent qualified clients that are very interested in buying all types of businesses. If you have any interest in selling your business at this time or in the near future please contact me at info@hedgestone.com. Our buyers are already qualified and willing to invest their time and money toward a business like yours. All communications are kept STRICTLY CONFIDENTIAL.

CONSENT TO TEXT MESSAGING: By entering your mobile phone number, you expressly consent to receive text messages from Hedgestone Business Advisors. Message and Data rates may apply.

FOR INTERESTED PARTIES PLEASE CALL US AT (561) 593-3711

Financial

  • Asking Price: $2,500,000
  • Cash Flow: $390,000
  • Gross Revenue: $1,400,000
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: No
  • Established: N/A

Detailed Information

  • Property Owned or Leased:Own
  • Property Included:Yes
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:N/A
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

Yes.

Purpose For Selling:

Other business interests.