Lobster Wharf & Restaurant For Sale

Business description

This working Maine lobster wharf and fresh seafood restaurant are located in a picturesque Maine harbor. The thriving lobster wholesale business, commercial fishing supplies and fuel sales work synergistically with the seasonal restaurant that features lobsters, chowders and clams “fresh from the boat.” The purchase includes a newly constructed office building with a second floor two-bedroom apartment overlooking the harbor. The combination of commercial customers and seasonal tourists makes for excellent year round business.

Property information

Real Estate:

Real Property Included

Living accommodation:

The real estate includes a beautiful 2-bedroom apartment overlooking the harbor.

Location:

The real estate includes 4 buildings on a large wharf with several attached docks and slips. Buildings include the restaurant and outdoor deck seating, a two-bedroom apartment, and several storage and supplies buildings.

Other information

Expansion potential:

There are many expansion opportunities for both operations. The restaurant can add full liquor sales and fried foods, expand its tie-up dock and pursue off-site catering. The commercial operation can expand its capacity by adding on-site storage tanks and broadening its supplies.

Competition / Market:

The business has a unique niche with the only dockside restaurant in the area. The lobster wharf maintains a steady clientele and has long term relationship with out of state buyers.

Support & training:

Seller will provide transition training and consulting.

Reasons for selling:

Seller has other business interests.

Financing available:

Seller/Bank $500,000 on Biz. Bank $1,250,000 on R.E. Down $750,000. Working Capital Needed $100,000

Furniture / Fixtures value:

$150,000

Contact the seller