Business Summary:
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.
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| Year
Business was Established: 1992 |
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| Number of Employees:
12 |
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| Facilities / Terms of Lease:
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. |
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| Potential
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 environmental friendly practices. |
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| 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. |
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| Owner
willing to finance:
Financing to be determined on a individual basis. $50K working capital needed. |
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| Owner
willing to train:
Support training will be available. |
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| Reason for selling:
Retirement |
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Seller Reference Number: 73216
BusinessMart.com Listing Number: 43933 |
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