Buy the Business, Enjoy the View! Coastal Maine
| Asking Price: | $885,500 | Inventory: | $115,000 ** |
| Gross Revenue: | $725,000 | Real Estate: | $350,000 ++ |
| Cash Flow: | $159,000 | FF&E: | $215,000 ++ |
| ++ included in the asking price ** not included in the asking price |
This is truly a once-in-a-lifetime opportunity to purchase a historically significant business with an impeccable reputation for quality, substantial profits and high repeat business on the scenic shore of Penobscot Bay. Recently voted one of America’s 10 coolest small towns, here you will fine a thriving business community mixed with a vibrant cultural scene. Quality of life at its best! HUGE barrier to entry, nearly impossible to replicate. Designer, manufacturer, and marketer of proprietary products distributed through mail-order/internet and wholesale channels. International market with high repeat sales. The Company also provides services related to the maintenance of those products. No other company offers this total range of products and services. A buyer will enjoy the benefit of the foundation laid by the current owners and all those who came before to this 100+ year-old business.
About the Business
Year Established:1905
Employees:10 full time -
Facilities:Located in a scenic village nestled on the shore of Penobscot Bay, considered one of the 10 best sailing grounds in the world. The area was recently voted on of the 10 coolest communities in the country. Lively arts and cultural scene complement this business operating from 4+ acres on coastal Route 1 with further development potential.
Market Outlook and Competition:This is the only company of its kind, offering a complete line of products and services to maintain those products. Virtually impossCompany has well established mailorder, catalog, and Internet presence but needs more marketing focus. Other product lines could easily be added to service existing customer base.ible to replicate. Significant barrier to entry.
About the Sale
Reason For Selling:Retirement, second time around.
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