Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

High Volume C Store Sandwich Shop For Sale

Cumberland County, Maine, US
Asking Price:
$295,000 Furniture / Fixtures included
Sales Revenue:
$965,486
Cash Flow:
$88,703

Mature and thriving convenience store located in high traffic area in Cumberland County. The business specializes in hot and cold take-out food, treats, groceries, a large beer and wine selection, snacks, tobacco, and lottery. Customers range from the everyday working class looking for value in their breakfast and lunch, backed up by a large walk-in neighborhood clientele that keeps the location busy nights and weekends, roughly 90% being repeat customers. The location is staffed with competent and trustworthy management that enable the current owner very few responsibilities. Although the business is not transferring its current name, a new owner has a strong opportunity to be successful by adopting a similar business model.

Property Information

Real Estate:

Lease

Leasehold Rent:

$42,000 per annum

Premises Details:

Retail/ordering area, kitchen, small office and one loading dock

Business Operation

Expansion Potential:

Expanding the selection “grab & go” items as this is the key to increasing sales. Using an independent delivery service such as Uber Eats could also expand sales. On the facility side, updating the property could also advance the “grab & go” segment. Operating capacity is at 85-90% as the business currently stands. Staffing is sometimes an issue but if a new owner/operator were to work at this location full time, sales could possibly increase 10% first year.

Competition / Market:

90% of the business are repeat customers. However, there are other local businesses that also sell pizza, sandwiches, tobacco, and liquor. Prices and clientele vary for each competitor, which allows for plenty of business for everyone.

Reasons for selling:

Pre-retirement planning

Employees:
5 FT/7 PT

Other Information

Support & training:

2 weeks

Furniture / Fixtures value:
$34,800 - included in the asking price

Contact Magnusson Balfour

Selling a business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Trial available.

Sell Your Business

Are you a Business Owner?

Set up your Private Seller Account and create your listing today

Get Started Here

Are you a Business Broker?

Set up your BrokerWeb Account and list multiple businesses

Get Started Here