Success Stories

Client Success Stories

The Village Woodworker – Oxford, Maine

As Brian Warren approached his retirement from the U.S. Air Force, his father-in-law Robert Roakes, the owner of The Village Woodworker, was ready to retire too. Warren had been working alongside Roakes for ten years and talked with him about carrying on his woodworking legacy, which led to the opportunity to purchase the woodworking business from his father-in-law. The business, The Village Woodworker, has been in the family for nearly 65 years and is known for their unique designs and quality artisanship. The Village Woodworker makes custom designed furniture and specialize in state of the art, handcrafted hardwood stools.

Brian reached out to Maine SBDC Business Advisor Ashleigh Briggs for assistance in understanding the process of buying a business. Together Ashleigh and Brian reviewed the business’s financial statements and various methodologies for valuing a business, so the seller and buyer could settle on a fair price. After settling on a purchase price with his father-in-law, Brian worked with Ashleigh to develop a business plan and supporting financial projections to be able to apply for a loan to complete the sale.Read More

Farmington D – Farmington, Maine

Rachel Jackson is no stranger in the restaurant scene in Western Maine. She has operated two other restaurants in the area, and for years has dreamed of opening another in the Farmington area. Rachel began working with Business Advisor Larry Giroux as she explored her options and next steps in making this dream a reality.Read More

Surf & Summit Motorcycle – Scarborough, Maine

Steven Salois came to see Maine SBDC Business Advisor Peter Harriman with a novel business idea. He wanted to start a motorcycle rental business in Southern Maine. This business would be much like car rentals for travelers, but for motorcycles. This type of business is uncommon, and Steven saw a need for Maine tourists who could not bring their own motorcycle but wanted to rent one.Read More

Carmichael Transport Inc. – Bangor, Maine

Mickey Carmichael and his business Carmichael Transport Inc. have provided services to the U.S. Postal Service (USPS) for almost 40 years in the Bangor area. Recently, the USPS changed the way they award mail routes, with the consolidation of smaller routes into larger contracts. For the northern Maine Region, this meant there would only be two contracts out of the Hampden service center – for Region A and Region B. Mickey knew this could be an opportunity to expand his business and wanted to make sure he thoroughly understood the bidding process. For assistance, he turned to the Maine SBDC and met with Business Advisor Ann McAlhany.Read More

Rockwood Cottages – Rockwood, Maine

Rockwood Cottages consists of 7 two bedroom cottages situated on the western shore of Moosehead Lake in Rockwood, Maine. The cottages feature all the comforts of home and overlook the lake and popular Mt. Kineo, a majestic mountain that arises out of the water forming a sheer 700-foot cliff.

With a motto of “A stranger is just a friend we haven’t met yet,” the business had been built based on quality customer service and experience. When the business owners decided to retire in 2017, they looked to sell to someone who would take care of their customers and the business which they’d worked hard to build for many years. With experience in the cabin rental and property management business, they found the perfect match in Emily and Dennis Bodemer.Read More

David Jacobson Glass – Montville, Maine

David Jacobson has worked with Maine SBDC Business Advisor David Hill since 2004. Jacobson, a successful cartoonist and glass blower, had just moved to Maine from New York City and wanted to establish his own studio in Montville.Read More

Village Market – Carmel, Maine

The Village Market has stood in the heart of the Town of Carmel for over 70 years. After being closed for five years, Jamey Brown and his wife Raquel came to Business Advisor Ann McAlhany with a dream to purchase and re-open a local market. Read More

Katahdin Communications – Millinocket, Maine

Katahdin Communications is a locally owned radio broadcasting company. It’s main station WSYY AM and FM broadcasts in a sports format and serves Northern and Downeast Maine. It features programming from CBS Radio and CBS Radio News as well as covering local school sporting events.

Business owner James Talbot has big plans for the business. He wanted to expand his business, but was struggling to secure the funding needed to do so. His lender recommended he connect with Maine SBDC’s Ann McAlhany for assistance in mid-2015, and the pair have been working together regularly since. McAlhany listened to his plans. She helped him to organize his vision into manageable and executable phases.Read More

The Francis – Portland, Maine

When Jeff Harder and Nate Delois had an opportunity to purchase the historic Mellen E Bolster House at 747 Congress Street in Portland they had a vision of what it could become. The home was built in 1881 and had beautiful features and design. That vision has become The Francis hotel, a 15 room boutique hotel in Portland’s West end.Read More

Cityside by E&S Auto Repair – Scarborough, Maine

After two years in business, Sukhi Singh, co-owner of E&S Auto Repair in Scarborough, came to the Maine SBDC looking for help to grow his business. Him and his business partner Edwin Zukic had been working out of a leased three bay garage and were quickly running into two main problems – rent was relatively high and the business was quickly outgrowing the three bays. This prompted Singh to sit down with Business Adviser Peter Harriman to discuss how to finance the purchase of a larger garage.

Singh was able to locate a six bay garage for sale relatively close to his current business. With English as his second language and not having much experience in financing, Singh needed help putting together a comprehensive business plan to obtain a loan for the purchase. Harriman explained the various types of financing available, and that multiple sources would likely be necessary. The pair worked back and forth over several months to ensure that Singh had a thorough business plan narrative as well as a realistic set of financials to present to his potential funders.

Singh worked to negotiate with the seller, checking in regularly with Harriman for advice. With the agreement in place, Singh was able to successfully obtained $500,000 from Gorham Savings Bank. In addition, he secured an additional $85,000 from Greater Portland Council of Governments and Community Concepts. was able to close on the loan, successfully obtaining $500,000 from Gorham Savings Bank.

In October 2017, Cityside by E&S Auto Repair moved to its new, larger space at 42 Holmes Road in Scaborough. Known for its professional and trustworthy service, Singh reports that the business is busier than ever.