Hallowell riverfront restaurant/bar/ Pizzeria for sale
Business Opportunity
for Sale
Catylist Listing ID: |
30875327 |
Property Subtypes: |
Food and Beverage
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Building Size (RSF): |
2,000 SF
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Sale Price: |
$395,000 |
Name of Establishment: |
Burano's |
Year Business Established: |
2021 |
Gross Revenue: |
$1,000,000 (Annual) |
Cash Flow: |
$0 (Annual) |
Sale Terms: |
Cash to seller |
Last Updated: |
8/16/2024 |
Overview / Comments
Premier downtown Hallowell riverfront restaurant/bar for sale. Restaurant/bar comes fully equipped with staffing in place. Franchise opportunity for buyer with existing concept or opportunity for other branded or independent brands,. Sale includes 1500 sf plus outside heated deck overlooking the Kennebec River.
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Additional Details
Nearest MSA: |
Augusta-Waterville |
County: |
Kennebec |
Industry Segment: |
Restaurants |
Value of Inventory Included ($): |
$0 |
Value of Furniture, Fixtures, and Equipment ($): |
$0 |
Real Estate Status: |
Leased |
Value of Real Estate Included ($): |
$0 |
Real Estate Lease Description: |
To be negotiated. |
Employee/Labor Description: |
Fully staffed |
Mgmt/Training Support Description: |
Owner will assist with training. |
Growth/Expansion Opportunities: |
Ideal opportunity for owner/operator to grow business. |
Demographic Statistics
Proximity: |
1 mile |
3 miles |
5 miles |
Total Population: |
1,527 |
17,969 |
30,929 |
Median Age: |
48.02 |
43.46 |
43.56 |
Households: |
807 |
8,142 |
13,943 |
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