The Maine Bagel For Sale

Business Opportunity for Sale
Catylist Listing ID: 30827802
Property Subtypes: Food and Beverage
Building Size (RSF): See Agent
Sale Price: $295,000
Year Business Established: 2006
Gross Revenue: $816,000 (Annual)
Cash Flow: $120,000 (Annual)
Relocatable Business: Yes
Last Updated: 4/10/2024

Overview / Comments

This café/coffee shop is a favorite within its community. The company’s mission is to offer a superior product delivered to the customer quickly, in an efficient and simplified way. Consistency and excellent customer service is proven through repeat business. Locals, seasonal people, and tourists return for the great food and welcoming atmosphere. Offering pastries, bagels, coffee, breakfast sandwiches and lunch.

Attachments & Media

Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Industry Segment: Restaurants
Reason for Selling: Retiring
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $64,500
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Real Estate Lease Description: 1,600+/- SF leased space with drive-thru and dining area in a high traffic location.
Employee/Labor Description: 5 FT / 4-5 PT
Mgmt/Training Support Description: Two weeks; additional training time negotiable.
Competition/Market Description: There are some of the larger coffee shop chains in the area, but none offer the quality of food and service that this shop does.
Growth/Expansion Opportunities: The has been significant population growth in the area recently. This shop has been a staple in this community for almost two decades. There is boundless potential to grow both retail and wholesale.
Seller Financing Description: Some owner financing may be available to a qualified buyer.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,621 21,226 85,379
Median Age: 41.67 44.35 39.75
Households: 1,085 8,906 38,219

Contact

Photograph of Listing Agent

Kirk A Butterfield

Magnusson Balfour/KW Commercial a div. of Keller Williams Realty
The information presented herein is provided as is, without warranty of any kind. Neither New England Commercial Property Exchange nor Moody's assume any liability for errors or omissions.