30 year old Iconic Family Restaurant with Property In Maine - Business for Sale
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Family Restaurant with Mixed-Use Property in Oxford County, ME
ME, US
Added 2 months ago
Restaurant with Real Estate and Rentals
A 30+ year established family restaurant in Oxford County, Maine, is offered for sale along with mixed-use real estate that includes 3 apartment units and a commercial office space with 6 office rentals.
Key Information
Asking
$2.5M
Revenue
$1.4M
Earnings
$390K
Multiple
6.4x
Key Highlights
- Business in operation for over 30 years
- Sale includes mixed-use real estate with a restaurant, 3 apartment units, and a commercial office space with 6 individual office rentals
- Apartment rentals generate $54,000 in additional annual income
- Potential for an additional $34,000 annually from currently vacant office rentals
- Located in Oxford County, Maine
- SBA financing available with as little as 10% down for qualified buyers
- Seller willing to remain for up to one year or longer post-sale, subject to mutually agreed terms
Contact Info
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