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Cozy-niche General Convenience Store(17575) For Sale

Central ME, Maine, US
Asking Price:
$495,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,311,717
Cash Flow:
$121,000

Unique opportunity!! From a prime location off a state highway and the surrounding area’s monopoly for alcohol purchases, this general convenience store in Central Maine offers a wide range of products to residents and visitors; from grocery items, beer, wine, liquor, spirits, tobacco, deli, pizza, and as well as fuel, both gas or diesel. Operating from a 3,000 square foot facility complete with office space and including 2.25 acres (majority available for added business or structures), this retail location has parking, in excellent condition, is zoned for commercial use, and is capable of handling additional capacity. Benefitted by a proven track record from its five years in business since its inception in 2014 and skilled personnel of eight nonunion employees with experience in the industry, company continues to further attract new clients. Marketing efforts focus on targeting individuals and passing traffic within the bordering radius of Piscataquis and Penobscot Counties (great areas for families and lifestyle) through referral sources and advertising medias that show effective returns on investment. Owner believes company’s popular reputation and large pool of repeat customers present several growth opportunities for a strategic buyer and agrees to remain for a smooth transition of up to twelve months. Currently projecting to outpace this year’s revenue in 2019 totals, gross revenue for 2018 reached $1,311,717 with Seller’s Discretionary Earnings of $121,000. Based on an independent valuation!

Property Information

Real Estate:

Real Property Included

Location:

Property comes included within the Asking Price.

Size in square feet:
3,000+/-

Business Operation

Reasons for selling:

Approaching retirement and/or pursuing other interests.

Trading hours:

Daily; 6AM - 8PM.

Employees:
8 nonunion.
Years established:
2014

Other Information

Support & training:

Owner Transition period of up to 12 months.

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

Financing negotiable for the right buyer.

Furniture / Fixtures value:
$170,000 - included in the asking price
Inventory / Stock value:
$15,778 - included in the asking price

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