General Store – Well Established in Maine

Price: $3,500,000

Location: Northeast Maine

Industry: Food and Restaurants

Listing ID: 1122021

This famous general store is the town’s go-to destination for food, beer, wine, liquor (fully licensed), in addition to vast selection of Maine gifts, beach supplies, books and so much more.  This general store services freshly brewed coffee, fully stocked bakery case filled with freshly baked donuts, muffins, cinnamon buns, pies and more.  It also has a wine selection of over 300 different bottles featuring wines primarily from California.

 

This general store also has a Deli that features high quality foods for breakfast and lunch. In addition to a Café that has several small tables (except during COVID) to enjoy your coffee, freshly made sandwich or any of the menu offerings.  In spite of modern offerings, the store maintains its quaint 1865 character.

 

This opportunity is located in a high-end town that draws substantial tourist traffic.

 

For more information, please contact Charlie MacPherson, Business Broker with Inbar Group, Inc. via [email protected] or 207-352-1000

 

*Confidential listing – not located in indicated zip code”

Listing Details

Gross Revenue: $2,040,000

Cash Flow: $200,000

Inventory: $52,000 (Included in Price)

Reason For Sale:

Owner is seeking retirement.

Training & Support:

Owner will provide training and support.

Operation

Year Established: 1865

Days & Hours of Operation: 7 Days Week 6AM - 8PM

Non-Owner Payroll: $520,000

Employees: 10 FT 20PT

Location

Monthly Rent: N/A

Square Footage: 2200 SF- Apartment/ 2200 SF- General Store

Summary

Potential Growth:

There is plenty of room for potential growth.