2 Elm
Damariscotta, ME 04543
King Eider's Pub · Retail Property For Sale

TURNKEY. FAVORABLE CAP RATE. Very busy profitable restaurant in business for 25 years and has a loyal, long time clientele. This historic building has been home to many interesting businesses over its 100+ years and has long been a staple in the Damariscotta community as well as to tourists over the years. Today, its warmth draws the visitor into the first floor pub with brick walls, handsome cherry floors and low beams hung with old iron hooks holding handmade mugs. Customers can fill one of the mugs with handcrafted brews from right here in Maine, or England, Ireland or one of the many renowned breweries in between! The extensive menu and daily offerings of native seafood, steaks, cuts from the butcher, and fresh produce provide just the right pairing. Step upstairs to the warm and comfortable dining room and peruse a ''wine lovers'' wine list, the same extensive menu and handmade desserts offered in the Pub. The oyster bar is aptly named for the local Damariscotta River oysters that are served in the intimate little bar. So be it in the Pub, up a few steps to the Oyster Bar or up a few more steps to the Dining Room, customers enjoy some of the freshest, most creative and comfortable dining on the Mid Coast in a welcoming old village setting. This is a very busy restaurant, open year-round, with a very good reputation. They serve lunch and dinner, but new owners could open for breakfast and see immediate additional revenue. There are a total of 84 seats inside and 20 on the front patio with umbrella tables. Patio heaters are added for chilly weather. The staff and customers are very loyal to this establishment! Financials provided with signed NDA and only to qualified buyers.