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Business for Sale Summary [Non-Confidential]

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Hancock County, ME

Business Type: seller financing available,wholesale/ distribution businesses,misc. wholesale/distribution/non-classifiable,special situations,best deals!,new to market,retailing businesses,general merchandise store,misc. retail/non-classifiable

Recorded Info
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Non-Confidencial Financial Infomation

  • Asking Price

    $137,500.00

  • Gross Revenues

    $447,506.00

  • Financing

    $ 80,000.00 Down and Owner finacing for qualified buyer for the balance @ 6.75% 24 months. Inventory must be purchased at cost at closing after audit. Motivated seller due to health reasons///OFFERS NEEDED//

  • Owner's Cash Flow

    $80,398.00

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Disclaimer: The information in these listings is provided by the Seller. Vested Business Brokers, Ltd. has not independently verified this information. Our Brokers are not authorized to make any representations or warrantees. You agree to hold Vested and its associated brokers harmless for any misrepresentations made by seller.

Business Description

A successful art, craft, knitting and hobby supply store in downeast, Maine. Established in 1977 it has the area's largest inventory of hobby and art supplies and is well stocked with beading, scrapbookking and many other craft categories. 3,500 sq ft plus storage in a busy strip mall with 33 years of ownership by the sellers. The business has a large local customer base and also attracts many seasonal artists and craft customers. Note that utilities and net charges are included in the rent.

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