Two Maine Seafood Restaurants – Bangor Area

Price: $2,080,000

Location: Bangor, Maine Area

Industry: Food and Restaurants

Listing ID: CM02624

This is an exceptional opportunity to own TWO turnkey Maine seafood restaurants, both located within 30 miles of Bangor. They’re far enough apart to not compete with each other, but close enough to make managing both easy!

They are family-style, year-round seafood restaurants boasting ratings of 4 and 4.5 stars on Google respectively.

They feature a menu that has something for every seafood lover’s taste. Haddock chowder, clam chowder, Fisherman’s Platter, scallops, clams, oysters, shrimp, fish & chips and much more.

For those hungry for something else, they also serve chicken, burgers, chicken-parm, pot roast, etc. If you’re looking for a profitable business in the restaurant sector, this just might be the one for you!

Financial information represents the two restaurants combined.

Note: Financials are seller-provided and not audited by Inbar Group, Inc.

Listing Details

Gross Revenue: $2,080,000

Cash Flow: $700,000

FFE: $230,000

Inventory: $30,000

Real Estate: $1,250,000

Terms and Conditions?:

Real estate might be available, is incidental to the sale of the business. Subject to commercial appraisal.

Reason For Sale:

Retirement

Training & Support:

Seller will train