Business Description

This opportunity involves owning two highly-rated family-style seafood restaurants in Maine, both conveniently located near Bangor. Each restaurant offers a variety of seafood dishes along with other menu options, attracting a diverse range of customers. The businesses are currently under contract and present a profitable venture within the restaurant industry. With an asking price of $2.08 million, the combined gross revenue for both restaurants amounts to $2.96 million with a cash flow of $690,662. The sale includes furniture, fixtures, and equipment worth $230,000, as well as inventory valued at $30,000. The real estate may also be available for an additional cost. The restaurants have a total of 6 full-time employees and 60 part-time employees, generating a monthly payroll of $58,667. This turnkey business opportunity is ideal for seafood enthusiasts looking to enter the restaurant industry or expand their portfolio. The seller is willing to provide training, and the reason for the sale is retirement. By acquiring these