Lumbery: Cape Elizabeth’s Premier Source for Local, Sustainable Wood

Cape Elizabeth, ME
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Asking Price:$1,250,000
Gross Revenue:$811,483
FF&E:$36,000
Cash Flow:$93,243
Inventory:$220,000
Real Estate:$800,000
BUSINESS DESCRIPTION

The Lumbery, located in Cape Elizabeth, Maine, is a unique farmer’s market for local wood, offering sustainably harvested wood from family-owned mills. Serving the greater Portland area, the store provides building and garden supplies, hardware, and exceptional customer service. The skilled and friendly staff assist with home improvement projects, offering services like custom cutting, free local delivery, regional delivery, and custom builds.

The Lumbery features custom, in-house-built items such as garden arbors, raised garden beds, window boxes, birdhouse kits, picnic tables, and outdoor showers. Specialty items include northern white cedar, rough sawn hemlock, live edge slabs, barrel saunas, and native Maine plants. They emphasize environmental sustainability and the benefits of a compressed supply chain and embodied carbon, providing high-quality products at reasonable prices.

With ample parking and clean displays, the store is customer-friendly and aesthetically pleasing. The Lumbery actively integrates into the local community, building strong vendor relationships and partnering with organizations like the Northern Forest Center and The Wild Seed Project.

Key partnerships include collaborations with local wood mills and media coverage from outlets such as the Press Herald and NBC News Center. The Lumbery hosts community events on topics like bird watching, beekeeping, and attracting pollinators, further strengthening local ties.


DETAILED INFORMATION
Location
Cape Elizabeth, ME
Inventory
Included in asking price
Real Estate
Owned
Included in asking price
Building SF
1,980
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
1,980+/- SF building with retail, office, and production space.
Competition
The Lumbery does not have direct competition in the immediate area. Their biggest sellers are white cedar, garden beds, pine and soils that one cannot find within 30 minutes of the shop. The business recognizes what it is and thus doesn’t try to compete with the larger lumber yards and box stores. They are content to offer excellent customer service and products at reasonable prices.
Growth & Expansion
Following are just some of the ways this business could grow: -Being immersed within the Cape Elizabeth community, the business could potentially offer DIY and gardening classes in the off-season; starting in October and going through March. -Exploring the potential of providing white cedar to the larger distributors that do not have easy access to it. -Creating a marketing budget to increase awareness and bring in more customers.
Support & Training
The current owners are fully invested in the business and are willing to work with a new owner as needed to ensure the Lumbery's continued success. They may be willing to stay on as part time staffers as well.
Reason for Selling
Exploring new opportunities
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Kirk
Butterfield
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Kirk Butterfield