| Asking Price |
$3,650,000 | Inventory |
$15,000* |
|---|---|---|---|
| Gross Income |
$650,000 | Real Estate |
$3,000,000* |
| Cash Flow |
$365,000 | Year Established | 1992 |
| FF&E |
$360,000* | Employees | 9 |
* included in the asking price
** not included in the asking price
Location-Location-Location! This newly constructed (2004) high-tech conference facility is ideally situated to serve Maine s most populous areas. Situated on approximately 29 acres this amazing structure can accommodate up to 300 guests. This energy efficient property is certified as an Environmental Leader through Maine s Department of Environmental Protection green lodging program. An adjacent-eight room B&B/Inn enjoys a 51% occupancy rate and the property has ample room for additional lodging facilities. The sale includes real estate and is suitable for a 1031 Exchange.
Facilities: The facilities have been designed for ease of maintenance and energy efficiency. All the infrastructure is in place to allow new ownership to take over without having to undertake a major expansion.
Competition: The gathering place event center has a following of Central Maine based non-profit and governmental agencies that use the facility on an exclusive basis. The space needs to be marketed to clients in a broader geographic area.
Growth/Expansion: There is a strong demand for facilities that can host weddings, business meetings and other events in a setting other than a hotel ballroom. This business is in a unique position to meet those demands as well as being a property that encourages environmentally friendly practices. The current owners recognize that new ownership needs a marketing background.
Financing: Financing to be determined on a individual basis. $50K working capital needed.
Support/Training: Support training will be available.
Reason Selling: Retirement

Lee Edwards
207-775-1957
Maine Business Brokers
To inquire about this business for sale, click the Reply button below


The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness. Read BizBuySell's Terms & conditions before responding to any ad.

