Looking for a Shift???
FOR SALE–SHIFT SUSTAINABLE HOME GOODS
LIFE STYLE BUSINESS OPPORTUNITY This is a perfect opportunity for a person or couple with a passion for the environment and working with like-minded people. An established Maine Street business in Brunswick, Maine, Shift is recognized by the community as a resource for all aspects of sustainable living. It is known for its friendly, approachable staff and useful products that decrease peoples’ impact on the planet. Shopping at Shift is a different retail experience. Customers take their time, are genuinely interested in the products, and countless connections ensue regarding all aspects of sustainability and the environment.
THE BUSINESS Our mainstay products are gardening supplies, composters, and green cleaning products. Since we bought the business, we’ve brought in several lines that support small-scale homesteading projects, such as canning, dehydration, and fermentation equipment, homebrew supplies, and cheese and yogurt making needs. These are very popular, along with a broad range of ‘reusables’—containers, bags, and bottles that reduce the use of plastic for food storage and lunch packing. We also have an extensive book selection, a growing collection of toys and games for kids that promote environmental education, and assorted items that promote energy and water efficiency. This product mix aligns with our interests and vision of sustainability, but there are countless other product options to fit anyone’s goals.
The community has embraced Shift’s diverse product lines and accessible feel of the store, generating 20% growth in sales and 21% growth in profit in Q3 and Q4 of 2012. The store sees continues to see steady monthly gains in the number of customers, total sales, and profit margin. Shift launched an ecommerce site in August of 2012, and continually adds product and content to the site to expand Shift’s reach beyond southern mid-coast Maine. With summer tourists, outside vendor events, and the Christmas holidays, Q3 and Q4 account for 75% of yearly sales. A large chunk of that (12%) happens at Common Ground Fair in September—this is an event not to miss, and one that could certainly generate an even higher percentage of revenue.
THE DEAL For sale is Shift’s entire product inventory, store signage, all displays and fixtures, 3 computers, an up-to-date POS system that includes all products, as well as contact information for several thousand customers and hundreds of vendors, a functional online store (fully integrated with the POS system) containing approximately 650 product images and descriptions, and a brand with a reputation for friendliness and expertise in the area of sustainable living.
THE OPPORTUNITY There are numerous opportunities for the new owners. With a growing brand, there is good potential to add a second store in Portland. The e-commerce site has limitless potential and relatively few competitors in the on-line world. Shift capitalizes on the growing and very important trend for people of all ages, incomes, and belief systems to be thinking ‘green’. It appeals to environmentalists, families concerned about safe products for their children, and to people interested in self-sufficiency. With such a diverse customer base, and new products appearing in the green marketplace constantly, the possibilities for expanding Shift’s existing product line, and consequently its sales, are virtually unlimited.
WHY ARE WE SELLING? When we purchased the business in June of 2011, we planned on it being a family endeavor and looked forward to combining our strengths and working together on a regular basis. Sadly, things didn’t work out as we’d planned. Due to life circumstances separate from the store, we are unable to make Shift a family project in the way we had envisioned. To allow us focus on our family priorities, and to make sure the business can thrive, we are offering Shift Sustainable Home Goods for sale. We will continue to live nearby, however, and are happy to offer new owners support and training for as long as they would like.
COST Shift Sustainable Home Goods is offered for sale at $83,000. Shift financial documents will be made available to qualified buyers upon signature of a confidentiality statement.
INTERESTED? Please contact Corie at email@example.com to set up a time to get more information. Even if you are local and can easily stop by the shop, please email first. Corie, the owner, is not always available, and while our employees are amazingly knowledgeable about many things, they are unable to answer questions regarding the sale of the business.