Business Sales & Acquisitions
Price
$351,000
Location
Calais, Maine
Industry
Retail
Listing ID
CM092824
This unique business is like a Swiss Army knife for the community! This business included: - General Market, featuring local produce, sweets, baked goods, gifts from over 90 local farmers and artisans. Due to its strategic location right next to the Canadian border, this store serves as a major package receiving hub for thousands of Canadian customers. Customers come from as far away as Nova Scotia to pick up their packages! They receive about 33,000 packages per year, plus palletized shipment's for larger customers. This business is nicely diversified. Income streams include package receiving, grocery sales, Blue Seal feed sales for farm animals, birds and domestic pets. There is also four 2-bedroom apartments above the store, renting at $1,100/month each. In an adjacent building, there are two more rentals also at $1,100/month. Renters pay their own heat and electric. There is also an adjacent vacant lot (0.84 acres +/-). The town has approved new zoning to allow the sellers to build rental housing there. The sellers are currently planning an 8-unit building (4 over 4), but the town has said that they can build as many as they want, because of a housing shortage in the area.
- 6 rental apartments at 100% occupancy with a wait list. $1,100/month each.
- Land, town approval and zoning already in place for building additional rental units on an adjacent lot.
- Package receiving for thousands of Canadian customers (saving them big on cross-border shipping costs).
- UPS Authorized Shipping Outlet for outbound shipping (new feature).
- Beer & Wine sales (new feature).
- Blue Seal Seed & Feed sales for pets, livestock and birds.
- Private mailbox rentals - both personal and business.
Real Estate (not included in sale price, subject to commercial appraisal)
Retirement
The seller will assist with the transition
Aggressively promote package shipping via UPS and USPS services.
Add Notary Public services to feed overnight document shipping.
Add freight shipping-much of which is no-see, no-touch.
Expand beer & wine sales, focused on local brands in keeping with the General Market theme.
Purchase Price: $351,000 (Business only)
Cash Flow: $152,000
Gross Revenue: $481,000
Inventory: $85,000 (not included in sale price)
Assets: $30,000 (not included in sale price)
Real Estate: $752,500 (not included in sale price, subject to commercial appraisal)
TOTAL PRICE: $1.22M
"*" indicates required fields
Price: $351,000
Location: Calais, Maine
Industry: Retail
Listing ID: CM092824
This unique business is like a Swiss Army knife for the community! This business included: - General Market, featuring local produce, sweets, baked goods, gifts from over 90 local farmers and artisans. Due to its strategic location right next to the Canadian border, this store serves as a major package receiving hub for thousands of Canadian customers. Customers come from as far away as Nova Scotia to pick up their packages! They receive about 33,000 packages per year, plus palletized shipment's for larger customers. This business is nicely diversified. Income streams include package receiving, grocery sales, Blue Seal feed sales for farm animals, birds and domestic pets. There is also four 2-bedroom apartments above the store, renting at $1,100/month each. In an adjacent building, there are two more rentals also at $1,100/month. Renters pay their own heat and electric. There is also an adjacent vacant lot (0.84 acres +/-). The town has approved new zoning to allow the sellers to build rental housing there. The sellers are currently planning an 8-unit building (4 over 4), but the town has said that they can build as many as they want, because of a housing shortage in the area.
- 6 rental apartments at 100% occupancy with a wait list. $1,100/month each.
- Land, town approval and zoning already in place for building additional rental units on an adjacent lot.
- Package receiving for thousands of Canadian customers (saving them big on cross-border shipping costs).
- UPS Authorized Shipping Outlet for outbound shipping (new feature).
- Beer & Wine sales (new feature).
- Blue Seal Seed & Feed sales for pets, livestock and birds.
- Private mailbox rentals - both personal and business.
Gross Revenue: $481,000
Cash Flow: $152,000
Inventory: $85,000
Real Estate $752,500
Terms & Conditions: Real Estate (not included in sale price, subject to commercial appraisal)
Reason for Sale: Retirement
Training & Support: The seller will assist with the transition
Year Established: 1982
Employees: 3 FT, 1 PT
Type of Location: Single location
Potential Growth: Aggressively promote package shipping via UPS and USPS services.
Add Notary Public services to feed overnight document shipping.
Add freight shipping-much of which is no-see, no-touch.
Expand beer & wine sales, focused on local brands in keeping with the General Market theme.
Financing/Terms: Purchase Price: $351,000 (Business only)
Cash Flow: $152,000
Gross Revenue: $481,000
Inventory: $85,000 (not included in sale price)
Assets: $30,000 (not included in sale price)
Real Estate: $752,500 (not included in sale price, subject to commercial appraisal)
TOTAL PRICE: $1.22M
"*" indicates required fields
Price
$351,000
Location
Calais, Maine
Industry
Retail
Listing ID
CM092824
This unique business is like a Swiss Army knife for the community! This business included:
- General Market, featuring local produce, sweets, baked goods, gifts from over 90 local farmers and artisans.
- 6 rental apartments at 100% occupancy with a wait list. $1,100/month each.
- Land, town approval and zoning already in place for building additional rental units on an adjacent lot.
- Package receiving for thousands of Canadian customers (saving them big on cross-border shipping costs).
- UPS Authorized Shipping Outlet for outbound shipping (new feature).
- Beer & Wine sales (new feature).
- Blue Seal Seed & Feed sales for pets, livestock and birds.
- Private mailbox rentals - both personal and business.
Due to its strategic location right next to the Canadian border, this store serves as a major package receiving hub for thousands of Canadian customers. Customers come from as far away as Nova Scotia to pick up their packages! They receive about 33,000 packages per year, plus palletized shipment's for larger customers.
This business is nicely diversified. Income streams include package receiving, grocery sales, Blue Seal feed sales for farm animals, birds and domestic pets. There is also four 2-bedroom apartments above the store, renting at $1,100/month each. In an adjacent building, there are two more rentals also at $1,100/month. Renters pay their own heat and electric.
There is also an adjacent vacant lot (0.84 acres +/-). The town has approved new zoning to allow the sellers to build rental housing there. The sellers are currently planning an 8-unit building (4 over 4), but the town has said that they can build as many as they want, because of a housing shortage in the area.
Real Estate (not included in sale price, subject to commercial appraisal)
Retirement
The seller will assist with the transition
Aggressively promote package shipping via UPS and USPS services.
Add Notary Public services to feed overnight document shipping.
Add freight shipping-much of which is no-see, no-touch.
Expand beer & wine sales, focused on local brands in keeping with the General Market theme.
Purchase Price: $351,000 (Business only)
Cash Flow: $152,000
Gross Revenue: $481,000
Inventory: $85,000 (not included in sale price)
Assets: $30,000 (not included in sale price)
Real Estate: $752,500 (not included in sale price, subject to commercial appraisal)
TOTAL PRICE: $1.22M
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