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  • 295 Hammond St, Bangor, ME 04401
  • (207) 922-3276
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Turn-Key Restaurant with Proven Success For Sale

By Deal Studio 

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Asking Price
$174,900 The total asking price of the business for sale.
SDE
N/ASeller's Discretionary Earnings (SDE) is a metric for determining the historical cash flow of a business. It is a recasting process that starts with the net profit of a business, from either the business tax return or the year-end income statement.

EBITDA
Industry

$58,995
Restaurant and Food, Miscellaneous Restaurants and Bars, Other Restaurants and Food

Gross Revenue
Location

$2,063,126
Penobscot County

Business Description

This full-service restaurant represents a distinctive opportunity in the dining industry, offering a unique blend of high-quality cuisine and exceptional service. Since its opening in 2021, it has quickly established itself as a popular destination known for its inviting ambiance and diverse menu options. The restaurant features a spacious dining and bar area, a fully equipped kitchen, and a menu with gourmet sides, specialty cocktails, and a rotating selection of craft beverages. With a strong brand identity, a solid social media presence, and an engaged customer base, the restaurant is well-positioned for continued growth and success.

The business appeals to a wide range of customers, including young professionals, families, couples, and tourists, all drawn by its exceptional dining experience. The restaurant's strengths include its established customer base, strong market positioning, and unique concept. There are additional opportunities for growth, such as expanding catering services, extending operational hours, and increasing online sales and delivery.

The outlook for the business remains positive, considering the current trends in the dining and entertainment industries. The concept of combining high-quality cuisine with engaging experiences positions it well for further expansion. Opportunities for growth include diversifying dining options (such as brunch or late-night specials), increasing catering and event services, and adapting to food trends with local sourcing and diet-specific options. This flexibility and commitment to sustainability further increase its appeal to an increasingly health-conscious market.

Offering a well-maintained, turn-key operation, the restaurant is an ideal investment for those looking to take over a business with a solid foundation and room for innovation. Key strengths include a versatile menu, strong brand presence, and proven customer loyalty. The strategic location, combined with operational flexibility, makes this a unique opportunity for future growth. Buyers can leverage the restaurant's strong market differentiation, established reputation, and loyal customer base to expand its reach and enhance profitability.

Detailed Information
Internal ID
014

Number of Employees
30

Year Established
2021

Financing Notes
SBA & FAME

Inventory
$10,000

Inventory Included
Yes

Additional Information
Reason for Selling

On to the next investment opportunity

Facilities & Assets

The restaurant is equipped with a fully operational kitchen, including grills, ovens, refrigeration units, and food preparation stations, facilitating an efficient culinary operation. Additionally, the dining and bar areas are furnished with high-quality, durable fixtures that align with the restaurant's rustic, industrial aesthetic. The equipment package provides a turn-key solution for new owners to seamlessly continue operations.

Support & Training

The owner has agreed to stay on for an agreed-upon period to ensure a smooth transition and to position the buyers for long-term success. During this time, they will provide valuable guidance, sharing their expertise and industry knowledge to help the new owners navigate any challenges and capitalize on existing opportunities.

Market & Competition

this establishment distinguishes itself through its focus on a distinctive culinary niche. Unlike other establishments that may prioritize a broad menu, this focus attracts a specific clientele seeking a unique dining experience. The restaurant's attention to crafting signature cocktails and integrating seasonal specials into the menu contributes to its unique value proposition. Its strong brand identity, rooted in quality and community engagement, has fostered a dedicated customer base.

Growth & Expansion

The business is positioned to leverage several growth opportunities. Expanding catering services and formalizing event hosting could capture a larger market share for private and corporate events. Introducing new dining experiences, such as weekend brunches or happy hour specials, could draw different customer segments and increase foot traffic during non-peak hours. Diversifying product offerings, including take-home BBQ kits and branded merchandise, could also provide new revenue streams.

Listing Agent
Gabe Bamford
More Information »

Contact Listing Agent


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Sign NDA

Email Listing

Asking Price
$174,900
SDE
N/A

EBITDA
Industry

$58,995
Restaurant and Food, Miscellaneous Restaurants and Bars, Other Restaurants and Food

Gross Rev.
Location

$2,063,126
Penobscot County

Business Description

This full-service restaurant represents a distinctive opportunity in the dining industry, offering a unique blend of high-quality cuisine and exceptional service. Since its opening in 2021, it has quickly established itself as a popular destination known for its inviting ambiance and diverse menu options. The restaurant features a spacious dining and bar area, a fully equipped kitchen, and a menu with gourmet sides, specialty cocktails, and a rotating selection of craft beverages. With a strong brand identity, a solid social media presence, and an engaged customer base, the restaurant is well-positioned for continued growth and success.

The business appeals to a wide range of customers, including young professionals, families, couples, and tourists, all drawn by its exceptional dining experience. The restaurant's strengths include its established customer base, strong market positioning, and unique concept. There are additional opportunities for growth, such as expanding catering services, extending operational hours, and increasing online sales and delivery.

The outlook for the business remains positive, considering the current trends in the dining and entertainment industries. The concept of combining high-quality cuisine with engaging experiences positions it well for further expansion. Opportunities for growth include diversifying dining options (such as brunch or late-night specials), increasing catering and event services, and adapting to food trends with local sourcing and diet-specific options. This flexibility and commitment to sustainability further increase its appeal to an increasingly health-conscious market.

Offering a well-maintained, turn-key operation, the restaurant is an ideal investment for those looking to take over a business with a solid foundation and room for innovation. Key strengths include a versatile menu, strong brand presence, and proven customer loyalty. The strategic location, combined with operational flexibility, makes this a unique opportunity for future growth. Buyers can leverage the restaurant's strong market differentiation, established reputation, and loyal customer base to expand its reach and enhance profitability.

Detailed Information
Internal ID: 014

Number of Employees: 30

Year Established: 2021

Financing Notes: SBA & FAME

Inventory: $10,000

Inventory Included: Yes

Additional Information
Reason for Selling

On to the next investment opportunity

Facilities & Assets

The restaurant is equipped with a fully operational kitchen, including grills, ovens, refrigeration units, and food preparation stations, facilitating an efficient culinary operation. Additionally, the dining and bar areas are furnished with high-quality, durable fixtures that align with the restaurant's rustic, industrial aesthetic. The equipment package provides a turn-key solution for new owners to seamlessly continue operations.

Support & Training

The owner has agreed to stay on for an agreed-upon period to ensure a smooth transition and to position the buyers for long-term success. During this time, they will provide valuable guidance, sharing their expertise and industry knowledge to help the new owners navigate any challenges and capitalize on existing opportunities.

Market & Competition

this establishment distinguishes itself through its focus on a distinctive culinary niche. Unlike other establishments that may prioritize a broad menu, this focus attracts a specific clientele seeking a unique dining experience. The restaurant's attention to crafting signature cocktails and integrating seasonal specials into the menu contributes to its unique value proposition. Its strong brand identity, rooted in quality and community engagement, has fostered a dedicated customer base.

Growth & Expansion

The business is positioned to leverage several growth opportunities. Expanding catering services and formalizing event hosting could capture a larger market share for private and corporate events. Introducing new dining experiences, such as weekend brunches or happy hour specials, could draw different customer segments and increase foot traffic during non-peak hours. Diversifying product offerings, including take-home BBQ kits and branded merchandise, could also provide new revenue streams.


Listing Agent
Gabe Bamford
More Information »

Contact Listing Agent


Sign NDA

Trinity Business Brokers
295 Hammond St, Bangor,ME 04401
Phone: (207) 922-3276, Email: info@tbb.biz

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Turn-Key Restaurant with Proven Success For Sale
https://tbb.biz/listing/turn-key-restaurant-with-proven-success-for-sale/
Asking Price
$174,900
SDE
N/A

EBITDA
Industry

$58,995
Restaurant and Food, Miscellaneous Restaurants and Bars, Other Restaurants and Food

Gross Revenue
Location

$2,063,126
Penobscot County

Business Description

This full-service restaurant represents a distinctive opportunity in the dining industry, offering a unique blend of high-quality cuisine and exceptional service. Since its opening in 2021, it has quickly established itself as a popular destination known for its inviting ambiance and diverse menu options. The restaurant features a spacious dining and bar area, a fully equipped kitchen, and a menu with gourmet sides, specialty cocktails, and a rotating selection of craft beverages. With a strong brand identity, a solid social media presence, and an engaged customer base, the restaurant is well-positioned for continued growth and success.

The business appeals to a wide range of customers, including young professionals, families, couples, and tourists, all drawn by its exceptional dining experience. The restaurant's strengths include its established customer base, strong market positioning, and unique concept. There are additional opportunities for growth, such as expanding catering services, extending operational hours, and increasing online sales and delivery.

The outlook for the business remains positive, considering the current trends in the dining and entertainment industries. The concept of combining high-quality cuisine with engaging experiences positions it well for further expansion. Opportunities for growth include diversifying dining options (such as brunch or late-night specials), increasing catering and event services, and adapting to food trends with local sourcing and diet-specific options. This flexibility and commitment to sustainability further increase its appeal to an increasingly health-conscious market.

Offering a well-maintained, turn-key operation, the restaurant is an ideal investment for those looking to take over a business with a solid foundation and room for innovation. Key strengths include a versatile menu, strong brand presence, and proven customer loyalty. The strategic location, combined with operational flexibility, makes this a unique opportunity for future growth. Buyers can leverage the restaurant's strong market differentiation, established reputation, and loyal customer base to expand its reach and enhance profitability.

Detailed Information
Internal ID
014

Number of Employees
30

Year Established
2021

Financing Notes
SBA & FAME

Inventory
$10,000

Inventory Included
Yes

Additional Information
Reason for Selling

On to the next investment opportunity

Facilities & Assets

The restaurant is equipped with a fully operational kitchen, including grills, ovens, refrigeration units, and food preparation stations, facilitating an efficient culinary operation. Additionally, the dining and bar areas are furnished with high-quality, durable fixtures that align with the restaurant's rustic, industrial aesthetic. The equipment package provides a turn-key solution for new owners to seamlessly continue operations.

Support & Training

The owner has agreed to stay on for an agreed-upon period to ensure a smooth transition and to position the buyers for long-term success. During this time, they will provide valuable guidance, sharing their expertise and industry knowledge to help the new owners navigate any challenges and capitalize on existing opportunities.

Market & Competition

this establishment distinguishes itself through its focus on a distinctive culinary niche. Unlike other establishments that may prioritize a broad menu, this focus attracts a specific clientele seeking a unique dining experience. The restaurant's attention to crafting signature cocktails and integrating seasonal specials into the menu contributes to its unique value proposition. Its strong brand identity, rooted in quality and community engagement, has fostered a dedicated customer base.

Growth & Expansion

The business is positioned to leverage several growth opportunities. Expanding catering services and formalizing event hosting could capture a larger market share for private and corporate events. Introducing new dining experiences, such as weekend brunches or happy hour specials, could draw different customer segments and increase foot traffic during non-peak hours. Diversifying product offerings, including take-home BBQ kits and branded merchandise, could also provide new revenue streams.


Listing Agent
Gabe Bamford
More Information »



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Address

(207) 922-3276
info@tbb.biz
295 Hammond Street
Bangor, ME 04401
P.O. Box 1533
Bangor, ME 04402

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