Asking Price: $1,499,000

Gross Revenue: $1,540,063

Gross Revenue Comments: Retail & Property rental

Cash Flow: $196,588

Cash Flow Comments: Owner

Inventory: $75,000 (Not Included in Asking Price)

FF&E: $91,100 (Included in Asking Price)

Real Estate: $1,200,000 (Included in Asking Price)

Seller Financing: SBA bank financing anticipated at $1,000,000 +/-

Calef’s Country Store, established in 1869, is a New England tradition and the cornerstone of the proposed historic district for Barrington’s planned commercial growth. Calef’s, a retail thoroughbred, has established itself as a specialty food and gift retailer.
In addition, Calef’s serves local customers on a day-in and day-out basis as a unique general store, deli & market, and overall community and gossip center. Next door, you’ll also find Calef’s Gift store, featuring the best New England has to offer.

Year Established: 1869

Employees: 3 full time - 15 part time

Facilities: Location, Location, Location. This store is virtually perfectly located at the only traffic-light intersection of two state roads in the fastest growing town in Strafford County, itself the fastest growing county in New Hampshire. Property: Land: 1 acre +/- Building: 12,000 +/- sf Exterior: Wood Roof: Shingle Built: 18XX - various Zoning: Village District

Market Outlook and Competition: Strengths: Calef’s has a history and tradition that cannot be copied or replaced. This is an authentic, one-of-a-kind treasure. Combining a sense of nostalgia with an inviting and friendly atmosphere has been a long-standing formula for success. The more recent addition of high quality, gourmet food products has provided a revenue and margin contribution not otherwise available to typical convenience stores and markets. THE BIG OPPORTUNITY! The advent of internet sales has opened a window to reach audiences around the world with premium products. Success and demand to date has proven the market presence, but the potential has only been scratched. The internet represents logical outgrowth of a steady mail order business for gifts and specialty products, with plenty of room left for growth. Combining toll-free telephones with the internet offers a tremendous opportunity to market products globally Greater attention to online ordering and a store with Pay-Per-Click advertising can help reach a huge, global marketplace. Correspondingly, the addition of a wider range of quality Calef private label products can only help to extend the Calef brand awareness and value.

Management Training and Support: Owner will provide 30 days transition training and support

Reason For Selling: Wants to pursue other interests