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37647 - Monopoly In Convenience Store With Gas/food! For Sale

Central ME, Maine, US
Asking Price:
$1,699,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$3,480,000
Cash Flow:
$318,000

Located in Central Maine, this grocery store is a one-stop-shop with a full-service grocery store, gas station and deli. The grocery store includes fresh cut meats, produce, beer, wine, liquor, cigarettes and lottery tickets. The deli kitchen offers pizza, sandwiches, salads, hot and cold food to-go for both tourists and local customers alike. The gas station offers gasoline, diesel, propane and kerosene. The 5,000 square foot facility is included in the price and features 18 acres in a prime location, a small office, restrooms and employee break areas, and backroom and storage space. Through word of mouth referrals and campground ads, marketing efforts focus on targeting the residents of surrounding counties and passersby who visit the area to camp, hike, snowmobile, and hunt. Located on a state highway, the closest grocery store is over 15 miles in either direction. Benefited by a track record of over 40 years since its inception in the 1970’s, the skilled personnel of 15 non-union employees, including management, can easily operate this business, giving the owner the ability to enjoy a flexible schedule and as much control of business activities as desired. With state and liquor licenses in place, gross revenue for 2019 was $3,480,000 with SDE of $318,000. Profit margins for 2020 will exceed 2019!

Property Information

Real Estate:

Real Property Included

Location:

Facility valued at $1.2M is included in the price and features 18 acres in a prime location.

Size in square feet:
5,000+/-

Business Operation

Reasons for selling:

Approaching retirement and/or perusing other interests.

Trading hours:

Monday to Saturday from 5AM - 9PM & Sundays open 6AM - 9PM.

Employees:
15 nonunion.
Years established:
Mid 1970's.

Other Information

Support & training:

Owner Transition period of 1 to 3 months.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Negotiable for the right buyer.

Furniture / Fixtures value:
$225,000 - included in the asking price
Inventory / Stock value:
$91,074 - included in the asking price

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