Business Summary:
Enjoy the best of Maine’s seasons: skiing, hunting, fishing camping in western Maine. High volume country market serves a year round clientele. The store is located near campgrounds, resorts and snowmobile trail systems, providing a steady customer flow. The store offers convenience items, a deli, baker, pizza, ice cream, beer, wine and liquor and has a 30 seat diner that handles 70-120 customers per day.
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| Year
Business was Established: 1860 |
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| Number of Employees:
6 FT / 12 PT |
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| Facilities / Terms of Lease:
The store is located in a historic building with plenty of retail and storage space, ample parking and room for expansion. The property includes 2 additional lots. A large 3-bedroom owner’s quarters and 3 rental units provides additional income. A new commercial kitchen was added in the 1990s, and other upgrades to the building have been made each year. |
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| Potential
Growth/Expansion:
This area of Maine will continue to grow in both population and vacationers. Close proximity to a major ski resort and the completion of the new casino is driving growth. |
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| Competition:
The store is dominant in its market and has a prime location that serves year-round and seasonal customers. There are no nearby grocery stores and its nearest competition is about half its size. Year-round residents, summer vacationers and winter sports enthusiasts make up the store s diverse and growing customer base. |
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| Owner
willing to finance:
Bank financing $100K on Biz. 300k on RE. $60K Inventory. Working Capital Needed $20K. Suitable for 1031 Exchange. |
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| Owner
willing to train:
The seller will provide transition training for a new owner. |
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| Reason for selling:
The seller would like to travel for a few years and then begin a new career. |
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Seller Reference Number: 54221
BusinessMart.com Listing Number: 43930 |
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