Confidential Listing- Established Northern Maine Family Restaurant

Price: $225,000

Location: Northern Maine

Industry: Food and Restaurants

Listing ID: 42926-CM

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

Asking Price: $225,000 | Annual Revenue: $551,433 | EBITDA: $110,940

41 Years in Business | Catering Services | Full Liquor License Subject to Approval

A Long-Established Restaurant with a Loyal Customer Base

Confidential Listing — The business is not located where the listing is advertised.

A rare opportunity to acquire a highly respected, family-owned restaurant with 41 years of continuous operation in a Northern Maine community. Known for its established reputation, loyal clientele, and longstanding community presence, this restaurant offers a new owner the opportunity to take over an established hospitality business with a solid operating history.
In addition to its dine-in business, the restaurant provides catering services for large events and private functions, creating opportunities to serve a broader customer base and generate additional revenue beyond traditional restaurant operations.

With recently replaced kitchen equipment, established operations, and an estimated $8,000 in inventory included in the asking price, this business offers an attractive opportunity for an owner-operator or hospitality entrepreneur.

Key Business Highlights
• 41 Years of Operation: Longstanding community presence and established customer relationships.
• Strong Local Reputation: Loyal repeat customers and established brand recognition.
• Catering Revenue: Services for large events, private functions, and community gatherings.
• Full Liquor License: Subject to state approval for transfer to the new owner.
• Recently Replaced Kitchen Equipment: Potentially reduces near-term equipment replacement needs.
• Inventory Included: Approximately $8,000 in estimated inventory included in the asking price.
• Seller Transition Support: Seller is willing to assist with the transition.
• Retirement Sale: An opportunity to acquire an established business from a retiring owner.

Financial Snapshot
• Asking Price: $225,000
• Gross Annual Revenue: $551,433
• Reported EBITDA: $110,940
• Estimated Inventory: $8,000, included in the asking price
• Real Estate: Details available to qualified buyers

Growth Opportunities
A motivated new owner could explore several avenues to expand the business:
• Increase catering outreach for weddings, corporate events, fundraisers, and private functions.
• Develop additional marketing initiatives for the restaurant and its catering services.
• Strengthen social media visibility and online ordering capabilities, where appropriate.
• Introduce seasonal promotions, special events, and community partnerships.
• Explore opportunities to increase beverage and bar sales, subject to applicable licensing requirements.

Ideal Buyer
This opportunity may be an excellent fit for an experienced restaurant operator, chef-owner, hospitality entrepreneur, family operator, or existing restaurant group seeking an established Northern Maine location with catering capabilities.

A hands-on owner with a focus on customer service, community engagement, and catering development may be well positioned to build on the restaurant's longstanding reputation.

Sale Terms & Transition
The seller is retiring and is willing to assist with the transition to help support continuity of operations.
The restaurant holds a full liquor license; however, transfer and continued operation under the license are subject to applicable state requirements and approval for the new owner.

Asking Price: $225,000 — Inventory Included
This is an opportunity to acquire a restaurant with four decades of operating history, established customer relationships, catering services, and reported EBITDA of $110,940.

Confidential Offering: The business name and exact location will be disclosed only to qualified buyers following execution of a confidentiality agreement.

Serious inquiries only. Additional information is available upon request.

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

Year Established: 1985