Established Family-Owned Restaurant & Catering Operation – Northern ME

Price: $225,000

Location: Northern Maine

Industry: Food and Restaurants

Listing ID: 42926-CM

*** Confidential listing not located where listing****

Asking Price: $225,000 (Includes Estimated Inventory of $8,000)
Location: Northern Maine
Years in Operation: 41 Years
Gross Revenue: $551,433
Liquor License: Full Liquor License (Subject to State Approval Upon Transfer)
________________________________________
Business Overview
Now available is a rare opportunity to acquire a highly respected family-owned restaurant that has been a cornerstone of a North of Houlton Maine community for 41 years. This long-established business is known for its loyal customer base, strong local reputation, and consistent performance.
In addition to dine-in operations, the restaurant provides catering services for large events, making it an ideal acquisition for an owner-operator or hospitality group seeking both steady restaurant revenue and additional event-based income.
________________________________________
Key Highlights
• 41 years in continuous operation
• Strong brand recognition and repeat customer base
• Catering services for large events and private functions
• Full liquor license included, subject to state approval upon purchase
• Kitchen equipment recently replaced, reducing near-term capital expense
• Turnkey opportunity with established systems and operations
• Inventory included (estimated value of $8,000)
________________________________________
Financial Snapshot
• Gross Revenue: $551,433
• Estimated Inventory: $8,000
• Asking Price: $225,000 (Includes Inventory)
________________________________________
Growth Opportunities
A new owner can expand revenue through:
• Increased marketing of catering services (weddings, corporate events, fundraisers)
• Expanded liquor sales and bar promotions
• Enhanced social media and online ordering presence
• Seasonal events and community partnerships
________________________________________
Sale Notes
This is a well-established and profitable hospitality business offering a strong foundation for continued success. Additional information is available upon request with a signed confidentiality agreement.
Serious inquiries only.

Gross Revenue: $551,433

EBITDA: $110,940

Inventory: $8,000 (Included in price)

Terms & Conditions:

Restaurant has full liquor license and would be subject to new owner getting state approval.

Reason for Sale:

Retirement

Training & Support:

Seller will help in transition