The Maple Corner Store has been for sale for nearly 2 years, and while no offers have
been received, there have been a handful of serious inquiries. Out of a desire for the store (and Whammy Bar) to remain an anchor for the community of the Maple Corner Village, the town of Calais, and neighboring towns, a small group of neighbors has been working diligently toward the goal of purchasing the Maple Corner Store to be owned and governed by the community. After many meetings and negotiations, this group has established the following elements necessary for the acquisition, governance and long-term success of the Maple Corner Community Store business:
● Board of directors;
● Governing bylaws;
● Corporate structure to allow for community investment and ownership;
● Sales and purchase Memorandum of Understanding with the current owners including a timeline and agreed purchase price;
● A community fundraising plan;
● Building and fixed assets assessment along with a long-term plan for capital investments;
● Market analysis and sales strategies to ensure financial stability and business growth;
● Analysis of profit and loss statements for the store’s past 4 years and growth projections for the next 5 years; and
● Continuity of operation through collaboration and mutual support with the current
owners, and ongoing employment of the store’s management staff through the transition.
Each of the above elements is described in detail within this business plan. While there is still much work left to do, we are confident that through the implementation of this plan we will ensure the longevity and success of the Maple Corner Store, a vital community asset.

Let’s build something together! Download the PDF of our Shareholder Documents to read the full business plan, financial statements, by-laws, shareholder contracts and all other details of the project, send us an email!