Restaurant & Pub in Presque Isle SBA Pre-Q

Price: $500,000

Location: Augusta, Maine

Industry: Food and Restaurants

Listing ID: CM02082022

This popular Irish Pub is located directly on a very busy main street, giving it great visibility and a lot of traffic.

The delightful menu includes traditional Irish favorites like Shepard’s Pie, Bangers & Mash, Fish & Chips, Celtic Burgers, Corned Beef & Cabbage and Shamrock Wings as well as American fare like burgers, steak and a variety of sandwiches.

 The bar features 10 taps and a huge assortment of beer, wine, and liquor.

The pub seats 62 patrons at tables and an additional 20 at the bar and 24 seasonal seats outside.  There are 7 additional tables that can be utilized for extra seating.

The modern, well-equipped kitchen features an Imperial stove, grill, deep fryer, ice machine and large oven.  There is ample food storage, a large refrigerator, and a large walk-in cooler.

Personnel                                                                                                                                                                                                                     2 full time (seller and spouse), 22 part time (servers, cooks, bartenders) The restaurant is fully staffed.

 

Listing Details

Gross Revenue: $1,010,000

Cash Flow: $158,577

FFE: $44,000 (Included in Price)

Inventory: $20,000 (Included in Price)

Real Estate: $500,000

Lender Pre-Qualified?: Yes

Reason For Sale:

Retirment

Training & Support:

Seller will assist in transition

Operation

Year Established: 2006

Days & Hours of Operation: 6 days

Owner Hours Per Week: 40

Non-Owner Payroll: $30,666

Employees: 2 full time 22 part time Restaurant is fully staffed

Summary

Owner Qualifications:

Food service & liquor licenses