Coastal Grove is a waterfront restaurant and bar with fifteen years of operating history, a loyal local following, and a seasonal tourist draw. The business runs on a seasoned management team, leaving the owner in a part-time oversight role.
| YEAR | SDE |
|---|---|
| 2021 | $487,000 |
| 2022 | $545,000 |
| 2023 | $612,000 |
Structure available upon LOI.
Stable, growing discretionary earnings on a recognizable concept in a supply-constrained waterfront location. The lease is long, the kitchen is built out, and the brand is established, an acquirer steps into a turnkey operation rather than a project.
Catering and private events are run informally today. A dedicated events function, extended winter hours, and a modest patio expansion are the clearest near-term levers on revenue.
The owner will support a sixty to ninety day transition and the management team intends to stay. Recipe books, vendor relationships, and POS history transfer with the business.
This Confidential Information Memorandum (CIM) does not constitute an offer to sell or a solicitation of an offer to buy any securities or assets.
Any offer or solicitation will be made only by means of a definitive purchase agreement.
Recipients should consult their own legal, accounting, and financial advisors prior to making any investment decision.