Turnkey European-style café and bakery in downtown Waterville, Maine, presenting an exceptional opportunity for entrepreneurs seeking an established hospitality business. Since January 2022, this charming establishment has cultivated a devoted following among locals and visitors through its distinctive blend of European café culture and Maine hospitality.
Financial Performance:
• Annual revenue of $314,000 from established operations
• Currently operating 4 days per week (8 AM - 2 PM)
• Affordable downtown lease at $1,500/month for 2,000 sq ft space
• FF&E valued at $28,000, inventory at $3,000 (included in price)
• Team of 4 trained employees in place
Business Features:
• European café atmosphere with outdoor seating area
• Comprehensive menu: healthy breakfast/lunch, indulgent pastries, high tea service
• Established catering services with growth potential
• Event hosting capabilities and space rental opportunities
• Seasonal specialties and market offerings
• Creative culinary outlet in fast-paced environment
Strategic Advantages:
• Prime downtown location popular with locals and tourists
• Proven concept with 2+ years of successful operation
• Multiple revenue streams: café, bakery, catering, events
• Strong community presence as cherished gathering place
• Significant expansion potential beyond current limited hours
Growth Opportunities:
• Expand operating schedule from current 4-day week
• Develop event hosting and private space rental services
• Grow catering business for local market demand
• Leverage seasonal tourism in downtown Waterville
• Enhance outdoor seating and seasonal offerings
The current owner, seeking new adventures, provides comprehensive training support for seamless transition. This established business offers the perfect opportunity for culinary entrepreneurs to acquire a proven concept with loyal customer base, trained staff, and substantial growth potential in Maine's thriving hospitality sector.
Ideal for buyers seeking immediate cash flow with significant upside potential in a charming New England market.
Ad#:2385658