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Downeast Maine Convenience Store With Liquor And Lottery For Sale

Augusta, Maine, US
Asking Price:
$325,000
Sales Revenue:
$1,189,194
Cash Flow:
$124,597

This business was founded in 1947 and has been in continuous operation since that time.

Located directly on US Route 1, it has tremendous exposure for both locals and tourist alike.

Their liquor sales draw customers from quite far away as no other stores in the area will place custom orders. Some are driving 90 minutes to get their favorite libation. The store also has a special ATF License that allows them to resell alcohol to local restaurants.

There is a deli section that features freshly made sandwiches, baked good and a large variety of drinks. There is a small grocery section, a dedicated wine selection as well as camp supplies for those summer visitors.

The store recently closed down its can & bottle redemption center, leaving roughly 1,633 square feet of space vacant. The possibilities are endless. Consider a restaurant, additional retail space, living quarters or even renting it out to a tenant for storage.

The land area is about 7.25 acres with a very large frontage on US Route 1, which seems ripe for development. The real estate is not included in the purchase price. The final price of the real estate will be determined by appraisal. It is assessed (not appraised) at $232,790.

The seller will remain for a negotiable period of time in order to aid in the transition.

*Confidential Listing, Not located in indicated zip code*

Property Information

Location:

US Route 1

Premises Details:

3,162 sq ft, 7.25 acres

Business Operation

Expansion Potential:

Has approximately 1,633 square feet of vacant space, possibilities are endless.

Reasons for selling:

Retirement

Trading hours:

Monday-Saturday 6AM-7PM, Sunday 8AM-7PM

Employees:
5 FT (including owner), 1PT
Years established:
1947

Other Information

Support & training:

Seller will remain for a negotiable period of time to aid in transition.

Inventory / Stock value:
$130,000

Contact Inbar Group, Inc.

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