Midcoast Gourmet Wine and Cheese Shop Currently Under Contract

Maine
listing image
Asking Price:$250,000
Inventory:$19,000
FF&E:$29,000
Gross Revenue:$310,000
Rent:$1,450/Month
Established Year:2012
BUSINESS DESCRIPTION

Profitable and growing turnkey business

Note To Prospective Purchasers: This business is currently in negotiations for sale. If you have any interest in this business, please contact me to be placed on a notice list if the current negotiation does not complete.
Business For sale - a charming gourmet wine and cheese shop that is flourishing in mid-coast Maine. The owners have shown great passion and meticulousness in curating the finest cheeses from Maine, New England, and Europe, as well as an excellent variety of wines and specialty foods. There is also a selection of unique gifts and home goods.

Patrons love the custom-ordered charcuterie boards. A grab and go section allows customers to get prepackaged food, freshly prepared for existing in-house products. This is an excellent opportunity for them to discover new tastes and to come back to purchase more.

The owners have completely renovated the store front and enhanced the display and serving areas. A 3 bay commercial sink and handwashing station was added to the back section of the retail shop in preparation for a small commercial kitchen set up should the new owners desire to add catering to the mix of offerings. The second floor office space houses a refrigerator, desk, additional storage for supplies, and a small bathroom for employees.

The business has seen steadily increasing revenues and is nestled in the heart of a vibrant coastal community, just steps from the lively waterfront. Price includes FFE and inventory. This is a turnkey operation ready for you to step right in. Prospective buyers must sign NDA and present proof of ability to purchase.

Showings cannot be scheduled from 10:30am-5:30pm Tuesday-Saturday during shop hours.
Marketed through Harcourts Waterfront & Fine Properties Brokers.


DETAILED INFORMATION
Location
Maine
Inventory
Included in asking price
Real Estate
Leased
Building SF
742
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Leased space with 1st floor retail and 2nd floor office and bathroom space for employees. Store has been completely renovated and coolers are in excellent condition. Storage display units, shelving, and inventory are all included.
Competition
Business has been steadily growing since the owners took possession. Revenue is trending up and YTY revenues are above last year.
Growth & Expansion
This year the owners added a grab and go section featuring food offerings from the store. as well as pre-ordered custom charcuterie boards. They started hosting private wine tasting events and planned to expand that in 2025 along with small tasting plates of products in store to provide consumers with the opportunity to come back and order their favorites. The commercial sink and handwashing station was added to prepare for offsite catering during after hours. There is very little competition in the mid coast area for this type of store.
Financing
Loan officer available to discuss business
Support & Training
Owner willing to stay on and train for 2 weeks. Business is a turnkey operation - ready to go.
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Harcourts Waterfront&FineProperties/CharleneHamiwka
Harcourts Waterfront & Fine Properties / Charlene Hamiwka