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Well Established Restaurant/Tavern in the Mountains of Western Maine For Sale Viewed 10 Times



United States, Maine, Kingfield
Year Established : 1991
Number of Employees : 9
 
Asking Price : $ 395,000.00
Annual Groos Revenue : Not Disclosed
Annual Net Profit/Loss : Not Disclosed
Annual Payroll : Not Disclosed
Annual Expenses : Not Disclosed
Total Debt : Not Disclosed
Furniture, Equipment : $ 90,000.00
Real Estate : $ 395,000.00
 
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Web : http://www.nostalgiatavern.com

 Business Description

Turn-key opportunity to own and operate a well established restaurant and entertainment facility nestled in the mountains of Western Maine. This facility is located near Sugarloaf Ski & Golf Resort. This is a great lifestyle change located near mountain, lakes and rivers excellent for hiking, fishing, boating, snowmobiling, skiing and other four season recreational activities. This is the only restaurant in the area that offers a banquet and entertainment facility of its size, along with the largest outdoor area with patio, sand volleyball and horseshoes.

 Facilities

This 5,500 sq. ft. building is located on almost 3 acres of land with ample parking, storage and room for indoor and outdoor entertainment. It offers a full service restaurant seating for 85 comfortably offering table and booth assortments. It also has a 200 person capacity with live entertainment on the weekends in the 2,500 sq. ft. game room and banquet facility. The outdoor facility is a 4,000 sq. ft. enclosed fenced in area that has a patio, sand volleyball court, including two horseshoe pits.

 Competition / Market Pros and Cons

This is the only restaurant and entertainment facility of its size south of the ski resort within 30 miles. Currently, this facility offers on and off premise catering for weddings, holiday, birthday, and anniversary events.

 Growth / Expansion Pros and Cons

This facility could expand to offer breakfast and lunch, along with dinner every day for seven days a week.

 Support/Training

The current owners will provide training to the new owners to facilitate a smooth transition of the business.

 Reason for Selling

Pursuing other interests

Freehold or Leasehold : Not Disclosed
Seller Financing : Not Disclosed
Franchise opportunity : Not Disclosed
Distressed business or bankruptcy : Not Disclosed
   
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The information in this ad has been provided by the business seller or representative stated on this ad. Invesplus.com has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
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