| Asking Price |
$195,000 | Inventory |
$95,000* |
|---|---|---|---|
| Gross Income |
$223,000 | Real Estate |
option for purchase** |
| Cash Flow |
$25,000 | Year Established | 1976 |
| FF&E |
$15,000* | Employees | 1 |
* included in the asking price
** not included in the asking price
This auto parts, Husqvarna and Lighthouse Dock dealer has been a fixture in this town for many years and has a reliable customer following. The current lines being carried are of the highest quality. If your're looking for a change of pace or are semi and or retired and love the outdoors, than this is the place for you. The area is surrounded with lakes, rivers, woods and mountains providing you with fishing, hunting, skiing, snowmobiling and clean air, etc. The closest traffic light is 40 miles away! This area is a big vacation heaven and is considered one of the jewels of Maine. With all that the area has to offer, this business has more room to grow with a committed entrepreneur to take it to the next level. Add the possiblity of property ownership and the expansion of product lines becomes almost endless.If you value small town living and want to own something that you can control, this may be for you.
Facilities: Two buildings occupy the lot, which is on Main Street. The main building has three floors with the store being on the ground level. The cellar and attic are used for inventory storage. A detached garage is used for bulk inventory, Husqvarna equipment, small repair shop, hydraulic hose machine, etc. The total square footage is 3000 and the lot size is just under an acre. Building and property are leased with the owner willing to lock the rent for three years and is open to the sale of the property. Parking currently is 8-10 customers.
Competition: The business is the only auto parts, which is affiliated with the Auto Value brand, nationaly known, Husqvarna (small engine) and Lighthouse Dock Dealer in town and is well known through out the area. However, there are two auto stores from another town (40 miles away) willing to come here each day. A more aggressive person could easily make a move on them. There is no other competiton on the Husqvarna and Lighthouse dock lines. All of this on the main thoroughfare of town.
Growth/Expansion: There is much room for expansion and growth, especially with the automotive side. The owner has, on average, more than doubled the previous owner's sales in the Husqvarna and small engine sales and as the area grows, so will lawn and garden needs and those of all the property management people.Most of the growth involves the vacation home market of which this area is well known for. Dock sales continue on par with previous years. Ownership of the property could lead to many possibilities, including building expansion.
Support/Training: The owner would stay on for a 30 day transistion period at no cost to the new owner.
Reason Selling: Owner needs to relocate due to personal reasons.

Not Disclosed
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