Established General Store

$949,000

Business description

Southport General Store has been servicing the area for decades. The business has a general store, a kitchen with wine area and a barn that is used for a variety of goods and gifts including products by local artists. The property, which is included, has a 2 bedroom apartment upstairs and offers ample parking.

Craig Church Listing Agent

Craig Church

office: (207) 774-7715
cell: (207) 318-6498

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  • Asking price $949,000
  • Cash flow $120,903
  • Gross Revenue $993,230
  • Inventory $45,000
  • EBITDA N/A
  • Real Estate $700,000 Owned
  • FF&E $70,200
  • Established 1900
  • Inventory Included in asking price
  • Building SF 4,722
  • Employees 8FT/9PT
  • Furniture, Fixtures, & Equipment (FF&E) Included in asking price
  • Support & Training 2 Weeks
  • Growth & Expansion The business could open for more hours during the winter and could expand on products offered
  • Competition This is the go to general store in the area and is a regular of many locals and tourists.
  • Facilities The property is 3,000+/- square feet and includes a 2 bedroom apartment, a finished barn, the general store with kitchen all on 1 acre of land.
  • Reason for Selling Retirement