Motel, Restaurant, RV Sites , Apartments in Northern New England (ME, NH, VT) OWNER FINANCING AVAILABLE

Price: $2,155,693

Location: Augusta, ME

Industry: Food and Restaurants

Listing ID: CM8523

***Confidential Listing. Not in indicated location***


This turnkey business has both local and tourist income year-round! From sightseers in spring, summer and (especially) fall to the ski and snow-mobile tourists in the winter.

There is a restaurant and pub with a function room, 9 motel rooms and 3 rental apartments above. There are currently 5 RV parking spaces with several more being developed. It is in a very popular tourist area and has great year-round traffic and is currently open 6 days.

Listing Details

Down Payment: $215,569

Gross Revenue: $2,136,532

Cash Flow: $490,231

EBITDA: $542,492

Inventory: $35,000 (Included in Price)

Real Estate: $650,000 (Included in Price)

Reason For Sale:

Seller is seeking retirement

Training & Support:

Seller will stay on to assist with transition


Year Established: 2012

Days & Hours of Operation: Open 6 days

Non-Owner Payroll: $543,806

Employees: 31


Potential Growth:

Consider opening 7 days.

Continue to grow and expand the RV business