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Country Store For Sale

Maine, US
Freehold Price:
$1,100,000 Furniture / Fixtures included
Lease Asking Price:
$300,000 Furniture / Fixtures included
Sales Revenue:
$2,600,000
Cash Flow:
$325,000

This well-established rural store is a cornerstone of the community and provides a wide range of products including groceries, quick-serve food, hardware, gifts and household items. In addition to the main store, the business also offers a laundromat and redemption center.

Property Information

Real Estate:

Available as lease or with real property included

Premises Details:

The business occupies two adjacent buildings; the main building contains the market, and the secondary building houses the laundromat and redemption operation. The sale includes the real estate ($800,000) as well as the business ($300,000).

Size in square feet:
8,000 SF Building

Business Operation

Expansion Potential:

The business has enjoyed a stable history of revenue and profitability. Over the last year the product mix has changed, increasing bottom line earnings. The business is expected to continue it’s

Competition / Market:

The business caters to the local, year-round population with a broad selection of product categories to meet day-to-day needs, while it also enjoying a seasonal boost in sales from area visitors. The business is open 365 days and is an essential part of the community and region.

Reasons for selling:

Seller desires to spend more time pursuing other opportunities.

Employees:
6 FT / 6 PT
Years established:
Established in 1950

Other Information

Support & training:

The seller will provide transitional training to a new owner.

Financing available:

Seller TBD. Anticipated Bank $875,000. Down Payment $225,000. Working Capital Needed $75,000 (est.)

Furniture / Fixtures value:
$100,000 - included in the asking price
Inventory / Stock value:
$250,000
Lease asking price:
$300,000 - Furniture / Fixtures included

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