Successful Scarborough pizzeria / restaurant/ bar for sale
Business Opportunity
for Sale
| Catylist Listing ID: |
30875326 |
| Property Subtypes: |
Food and Beverage
|
| Building Size (RSF): |
2,500 SF
|
| Sale Price: |
$495,000 |
| Name of Establishment: |
Burano's |
| Year Business Established: |
2022 |
| Gross Revenue: |
$1,200,000 (Annual) |
| Cash Flow: |
$0 (Annual) |
| Sale Terms: |
Cash to seller |
| Last Updated: |
8/16/2024 |
Overview / Comments
|
Great opportunity to own and operate a successful and well known pizzeria/restaurant and bar in Scarborough. Purchase includes all FF&E on a turn key basis. Seller would welcome the opportunity to continue the current brand with a buyer on a franchise basis. 8 years remaining on lease with options to renew.
|
Additional Details
| Nearest MSA: |
Portland-South Portland |
| County: |
Cumberland |
| Industry Segment: |
Restaurants |
| Value of Inventory Included ($): |
$0 |
| Value of Furniture, Fixtures, and Equipment ($): |
$0 |
| Real Estate Status: |
Leased |
| Value of Real Estate Included ($): |
$0 |
| Real Estate Lease Description: |
10 year lease effective 9/22 with two options to renew for 5 years each. |
| Employee/Labor Description: |
Fully staffed. |
| Mgmt/Training Support Description: |
Seller will assist new owner/operator with transition,. |
| Growth/Expansion Opportunities: |
Ideal opportunity for owner operator |
Demographic Statistics
| Proximity: |
3 miles |
5 miles |
| Total Population: |
18,217 |
71,467 |
| Median Age: |
45.42 |
40.76 |
| Households: |
7,568 |
32,053 |
|
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