Asking Price: $345,000

Gross Revenue: $425,000

Cash Flow: $90,000

Inventory: $10,000 (Included in Asking Price)

FF&E: $50,000 (Included in Asking Price)

Real Estate: $250,000 (Included in Asking Price)

Seller Financing: Seller/Bank $75,000 on Biz. Bank $200,000 on R.E. Down $70,000. Working Capital Needed $20,000

This nationally recognized and unique landmark diner is located in Central Maine. Its excellent reputation and loyal customer traffic provide steady revenue year round. The full menu encompasses home-style comfort fare along with more eclectic items and a limited beer and wine selection. The well-maintained facility and large kitchen allows for considerable expansion into catering and take-out with the current infrastructure.

Year Established: 1950

Employees: 20 part time

Facilities: The real estate, which is included in the purchase, includes a 3-story building with restaurant, apartment, storage and restrooms. Owner apartment is currently used for office and storage space. The acquisition price of the real estate is $250,000. Purchase of the real estate would result in an additional $44,000 cash flow from rent add-back and apartment rental.

Market Outlook and Competition: Limited competition, brand recognition and central location make this a unique business. There are excellent expansion opportunities into new product lines, take-out and catering.

Management Training and Support: Seller will provide transition training and consulting.

Reason For Selling: Seller has other business interests.