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RetailFor Sale

Established Springfield General Store & Gifts - Profitable Retail Businesss with Strong Community Presence

Springfield, Maine

About This Business

This well-established retail business has been serving the Springfield, Maine community since 2005, building a loyal customer base and solid reputation over nearly two decades of operation. The store generates impressive annual revenue of $1,474,095 with healthy annual cash flow of $108,320, demonstrating consistent profitability and operational efficiency. The business operates with a lean, experienced team of 7 employees who are well-trained and committed to customer satisfaction. The retail operation offers an attractive product mix including general merchandise, local gifts, and community essentials that appeal to both residents and seasonal visitors to the area. The established location provides excellent foot traffic and visibility within Springfield's downtown district. Comprehensive inventory systems and established supplier relationships are in place, allowing for seamless transition to a new owner. This is an ideal opportunity for a retail entrepreneur seeking an established, profitable business in a stable Maine market. The owner is relocating and motivated to find the right buyer to continue the legacy of quality service and community involvement. With strong financials and an experienced workforce, this turnkey operation offers immediate cash flow potential and growth opportunities for an engaged owner-operator.

Financial Details

Asking Price
$470,000
Cash Flow
$110,000
Gross Revenue
$1,475,000
EBITDA
$85,000
Inventory
N/A

Business Details

Established
2005
Employees
7
Real Estate
Own
Reason for Selling
Relocating
Financing
Yes
Training
Yes

Deal Analysis

Estimated figures for analysis purposes only. Consult a financial advisor.

Price/SDE Multiple
4.3x
Price/Revenue
0.3x
DSCR
1.87
Cash on Cash ROI
-19.0%
Down Payment (SBA 10%)$47,000
Loan Amount$423,000
Monthly Payment$4,911/mo
Annual Debt Service$58,937
Owner Salary$60,000
Cash Flow After Debt + Salary$-8,937
Asking Price
$470,000
Cash Flow: $110,000

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