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Services · Hospitality

Beloved Coastal Maine Hospitality and Events Venue

Coastal, ME

Asking price
$2,595,000
Cash flow
$219,000
Revenue
$537,000
Multiple
n/a

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About this business

Acquired in late 2014 by a dedicated couple, this Coastal Maine Hospitality and Events Venue has evolved into a cherished locale for celebrating life's significant occasions. With a commitment to uniting hospitality and catering, they have crafted a space that embodies warmth and exceptional service. The Inn has garnered a stellar reputation as a prime destination for weddings, community gatherings, and milestone events, attracting clients who appreciate its stunning coastal backdrop and meticulous event execution. This business stands out with a diverse revenue model that includes weddings, private events, catering, and room rentals, ensuring consistent financial performance and stability throughout the year. With no direct competition within a 20-mile radius, it enjoys a strong market position bolstered by repeat customers and positive referrals. This turnkey operation offers an excellent opportunity for those interested in making a community impact while ensuring reliable income, complete with established systems and room for growth.

Details

EBITDA$240,000
Real estateLeased
Established2014
Reason for saleEntering Retirement
LocationCoastal, Maine

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