40 Cottage Street

Description

First time on the market in over 30 years. This legendary Bar Harbor restaurant/tavern/entertainment locale is where many locals go to meet up, dine and socialize. ''The Whale,'' as locals fondly call it, has been locally owned and operated since the doors opened in 1988. A lively, friendly blend of visitors and locals, it is kid friendly by day and a hot spot for entertainment and fun at night. The business operations have been finely honed over the past 3 decades by the current owners. The building was completely torn down and rebuilt in 2008. Solar panels on the roof help reduce the electrical bills while heat pump/AC units keep the customers comfortable year-round. Property has been extremely well maintained over the years. A separate in-town property is available for purchase to handle employee housing needs. Sellers to provide complete and thorough training to buyer(s). This property is the quintessential definition of a ''turn-key'' business with very strong, supportive underlying financials. Come stake your claim to being the next owner of this iconic local business and begin making plans to put your mark on this popular institution for the years to come !