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Listed by:

National Restaurant Exchange

Southern Maine Tourist Mecca Hamburger Fast Food For Sale

Cape Neddick/York, Maine, US
Asking Price:
$1,800,000 (USD)
Sales Revenue:
$1,200,000 (USD)
Cash Flow:
$240,000 (USD)

SELLING PRICE: $1.6M DOWN PAYMENT: some seller financing avail.

SALES VOLUME: $1.2M in 9 months (spend winters in FL.) = $30K/wk
SQUARE FOOTAGE: approx. 2,500 sf. on ½ acre lot with long hiway frontage.
HOURS OF OPERATION: 11 am -8 pm; 7 days in season
SEATING: (inside 50 seats) (outside 40 seats)
REASON FOR SELLING: Retirement, however seller will work for buyer part time as needed.
COMMENTS: Located on busy road in the area of the NH/Maine state line. Twenty years of unbridled success with a limited by highly profitable menu…NETTING 20% per yr. or over $200K/yr. The real estate alone was recently appraised for over $1M. A purchase includes the franchising rights for this brand. This is extremely appropriate for a restaurant management group. Highly recognized as THE BEST BURGERS in town…units operating in 3 states. Enhance the brand by starting here with a purchase and building onto this fabulous concept.
Call Betsy or email
Call John or email

Property Information

Real Estate:

Real Property Included

Location:

Just off major interstate and on a numbered route with 10's of thousands of cars going by each day

Premises Details:

In great shape with many new and recent updates

Size in square feet:
2500 sf

Business Operation

Expansion Potential:

Add more locations,delivery and 3rd party delivery

Competition / Market:

None for some distance

Reasons for selling:

Retiring

Trading hours:

7 days aweek 11-8

Employees:
12
Years established:
18

Franchise Information

Franchise opportunity:

Yes

Other Information

Support & training:

as needed

Financing available:

Some at 6% for 5 years

Related Documents:
Relocatable:
This business can be relocated.

Contact National Restaurant Exchange

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