The couple had already started work with the seller, who was supportive of the pair purchasing the business. In order to complete the sale though, they needed to loan. Their loan officer at Franklin Savings Bank sent them to Business Advisor Jane Mickeriz for assistance completing their loan package.
Posts Tagged: Success Story
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… Read more »
Island Dog Brewing – South Portland, Maine
Jim Denz’s passion for brewing started in 1994, when he began making his own beer in the basement of his home. Before long, he was the go-to beer supplier for friends and family, producing three different beers. Jim began visiting local craft breweries, exploring the craft beer industry and imagining what it would be like… Read more »
Joe Lane Lobsterman – Damariscotta, Maine
After taking the summer of 2016 off, this couple saw an opportunity to reopen their restaurant in a more permanent location. In order to do this, the couple needed to transform the space into a restaurant and purchase the necessary equipment for a commercial kitchen. They turned to Maine SBDC Business Advisor David Hill for assistance in obtaining financing with hopes of opening the restaurant in early summer 2017, which was a little over 2 months away.
Custom Composite Technologies, Inc. – Bath, Maine
Since 2005, Custom Composite Technologies, Inc. (CCTI) has been developing lightweight, durable carbon fiber and fiberglass solutions for its customers around the world. A pioneer in advance composite technology and application, the company creates customized, high-performance solutions for industries and individuals with unique challenges. Their innovative techniques and advance composite materials are fabricated from their… Read more »
Client Highlight: Big Machias Lake Camps, LLC in Ashland, ME
Once he decided to pursue the purchase of the business, he was referred to Northern Maine Development Commission (NMDC) where he worked closely with Josh Nadeau of the Maine Small Business Development Centers to develop an attractive business plan.
Dancing Jaguar Inspirations, LLC. – Waterville, Maine
Janet’s support and encouragement have allowed me to venture into the next phase of business ownership, and I’m thrilled she’s part of my team. My business would not be where it is today without her.
KV Tooling Systems, LLC – Augusta, Maine
By: Business Owner Brian Beland Brian Beland is the owner of KV Tooling Systems located in Augusta, Maine. KV Tooling Systems provides the finest quality carbide cutting tools and sharpening services to manufacturing companies throughout New England. For more information, visit their website! I started my cutting tool manufacturing business in 2001 in my basement with… Read more »
Client Highlight: Maine BayCycle
With idea in hand, he needed financing in order to purchase the boat, and bring it to Maine. For this he sought out the assistance of Maine SBDC Business Advisor Peter Harriman. Together the pair worked to create a realistic business plan and projected financials. They worked on his narrative, timeline, marketing plan and the many aspects required to launch this unique business – hoping for a summer 2016 launch, the peak tourist season in Portland.
Client Highlight: Izzy’s Cheesecake │ Portland, ME
David “Izzy” Izenstatt, founder of Izzy’s Cheesecakes, has been making high quality, hand crafted cheesecakes since 1985. Made in small batches, the company makes 37 flavors of cheesecakes include gluten-free and seasonal options. When Izenstatt’s business partner Jim Chamoff came into the Maine SBDC, he was looking to expand the business. He wanted to start… Read more »