Restaurant and Banquet Facility
Sourced from public listings. Figures as listed, unverified.
Restaurant and Banquet Facility is a restaurants & food service business for sale in Old Orchard Beach, Maine. Listed at $2.30M, with approximately $300K in annual cash flow on $1.10M in revenue, about a 7.67× multiple. Real estate owned and included in sale. Vendor financing available.
Why this business stands out
- Real estate owned and included in sale
- Vendor financing available
- Flexible owner involvement
- Over 150 seats in restaurant
- Patio available
- Established in 2016
- Growth opportunities for micro-brewery/restaurant
- Room for residential expansion
Financing snapshot
An illustrative SBA 7(a) scenario at 10% down over 10 years. Model your own terms in the SBA loan calculator.
Illustrative only, not a financing offer. Actual terms vary by lender and deal. Check coverage in the DSCR calculator.
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Frequently asked questions
How much does this restaurants & food service business cost?
The asking price is $2.30M. Exact terms and any seller financing are confirmed with the seller after you create a free Clef account.
What is the cash flow and valuation multiple?
This business reports approximately $300K in annual cash flow (SDE/EBITDA), a 7.67× multiple on the asking price.
Where is this business located?
It operates in Old Orchard Beach, Maine. Full location and source details are shown once you create a free Clef account.
Can this acquisition be financed with an SBA loan?
Businesses in this range typically qualify for SBA 7(a) financing covering up to 90% of the purchase price over a 10-year term. See the financing snapshot above for an illustrative scenario.
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