- Advert ID: 651700
Restaurant/Bar with Premier Location For Sale
- Location:
-
- United States
- > New England
- > Maine
- > Portland
- > Portland
- Category:
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Summary
- Asking price:
- $545,000 (Furniture / Fixtures included)
- Sales revenue:
- $2,300,000
- Net profit:
- Available on request
Business description
Great Opportunity! 6,000 square foot stand alone restaurant with 200 seats plus a 50 seat outdoor deck. The site has a very high traffic count and 250 parking spaces.
The build-out is beautiful and the facilities are like new. The current owners are grossing $2,300,000 per year and trending upward. A different concept here could do far better. This is a must see location with tremendous conversion potential.
Property information
- Lease terms:
- Rent $16,083 NNN with 15 years left on the lease with three (3) ten (10) year options.
- Location:
- The location is great for almost any concept. It has a long lease with a below market rent rate. The numbers could be grown quickly with a different concept and an increased focus on the bar. The layout is configured for a strong restaurant and bar business. Near Maine Mall, Portland Jetport, Portland (295 & 95)
Maine Mall Road & Western Avenue have combined traffic count of approx. 30,000 cars per day
Other information
- Financing available:
- There is an SBA Loan that can be assumed for qualified buyers
- Furniture / Fixtures value:
- $150,000 (included in the asking price)
Contact the seller
For more information about this business for sale, click the Contact Seller button.
Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.
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- United States
- > New England
- > Maine
- > Portland
- > Portland
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