Successful Scarborough pizzeria / restaurant/ bar for sale
Business Opportunity
for Sale
Catylist Listing ID: |
30875326 |
Property Subtypes: |
Food and Beverage
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Building Size (RSF): |
2,500 SF
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Sale Price: |
$495,000 |
Name of Establishment: |
Burano's |
Year Business Established: |
2022 |
Gross Revenue: |
$1,200,000 (Annual) |
Cash Flow: |
$0 (Annual) |
Sale Terms: |
Cash to seller |
Last Updated: |
8/16/2024 |
Overview / Comments
Great opportunity to own and operate a successful and well known pizzeria/restaurant and bar in Scarborough. Purchase includes all FF&E on a turn key basis. Seller would welcome the opportunity to continue the current brand with a buyer on a franchise basis. 8 years remaining on lease with options to renew.
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Additional Details
Nearest MSA: |
Portland-South Portland |
County: |
Cumberland |
Industry Segment: |
Restaurants |
Value of Inventory Included ($): |
$0 |
Value of Furniture, Fixtures, and Equipment ($): |
$0 |
Real Estate Status: |
Leased |
Value of Real Estate Included ($): |
$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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