Redemption and Feed Business in Milo

Undisclosed Address, Maine
Business Opportunity for Sale
Catylist Listing ID: 30748991
Property Subtypes: Retail Stores
Building Size (RSF): 6,650 SF
Sale Price: $375,000
Name of Establishment: Three Rivers Redemption and Feed
Year Business Established: 1993
Gross Revenue: $0 (Annual)
Cash Flow: $0 (Annual)
Last Updated: 11/23/2021

Overview / Comments

Three Rivers Redemption and Feed is a licensed single owner LLC was started in 1993. The original business plan included redemption services only, and after experimenting with other product sales, later grew to provide feed and supplies in the rural setting. At this time the establishment offers greenhouse sales in the spring, wood pellets throughout the fall/winter months, beer and soda, pet foods, livestock feed, and gardening supplies including an array of soils. The primary market services the Brownville and Milo communities.

The main floor of the building is the sales floor; there is a full basement with a stone foundation and dirt floor. The second floor is currently set up two one bedroom apartments with a shared, enclosed porch. There is a full attic with the potential of adding a third apartment. The attached garage is currently being used to store returnables and inventory.

Additional Details

Industry Segment: Independent Stores
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Value of Real Estate Included ($): $0
Employee/Labor Description: The business currently operates with 5 part time employees and the owner. Employees receive annually, 6 paid holidays, and after a year of employment they receive 40 hours of paid vacation. The $12.15-$15/hr pay rate is above the average in the rural area, and bonuses are offered for busy times.

Contact

Photograph of Listing Agent

Douglas M. Erickson

SVN The Masiello Group
NECPE Member
© Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither New England Commercial Property Exchange nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.