Posts Tagged: buying a business

A&B Naturals – Bar Harbor

Tommy Maruca and Jonathan Record are first time small business owners but long term fans of A&B Naturals, the natural food store they just bought on MDI! The couple shares a passion for a healthy lifestyle and products that are good for both people and the planet. Values they also share with the previous owner,… Read more »

Wears & Wares – Farmington

Lisa Park Laflin grew up in the Farmington area, left for a number of years but returned to raise a family and enjoy the mountains of western Maine. After a long career in non-profit management, she was looking for a way to combine her love for community, art and upcycling. Ultimately, this led her to… Read more »

MotoResto – Portland

Krystal Stone and Andrew Furbush came to the Maine SBDC in June of 2021. Andrew, a knowledgeable mechanic with a passion for antique and classic car restoration and Krystal who is great with managing all of the aspects of the auto business wanted to start their own company, MotoResto, LLC. At that time, they were… Read more »

Depot Square Hardware & Variety – Mechanic Falls

Chad Boulet (right) and Scott Hunter(left) proudly stand in front of their store front, at Depot Square Hardware & Variety

After a career managing grocery stores, Chad Boulet and his husband Scott Hunter, decided to embark on a new career and purchased their local hardware store! Depot Square Hardware & Variety is located in downtown Mechanic Falls, and throughout the pandemic their business actually grew as people relied on them for goods and services rather… Read more »

King Eider’s Pub – Damariscotta

King Eider's Pub front sign

Scott McArdle & Damon Waltz have been close friends and co-workers in the food industry for years. They’ve been building up experience in different positions at a variety of locations, but have been long-time employees at King Eider’s Pub in Damariscotta. They truly knew the restaurant industry inside & out, co-managing & growing together –… Read more »

CIA Cafe – Saco

Photo of the dining room at CIA Cafe, wooden tables and chairs and windows letting in natural light on the neutral walls and floor.

In early 2022, Jamie Bissonnette and his business partner Duncan Taylor were presented with the opportunity to purchase CIA Cafe (pronounced see-ya), a successful coffee, sandwich and art shop located in Saco. With tons of food and beverage business management experience, Jamie decided it was time to take a chance and step out on his… Read more »

To Purchase or Not to Purchase? – Penobscot County, Maine

black and white image of a person in a black suit on a white background with many Yes's and No's streaming out of their head into a cloud of confusion in the sky

Success stories come in all shapes and sizes, but sometimes avoiding a bad situation is the best-case scenario! While Maine SBDC Business Advisors are usually helping their clients towards a traditional happy ending, they are often tasked with helping aspiring entrepreneurs avoid potentially damaging situations. We saw it first-hand this past year when Shawn Bouchard… Read more »