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High Volume C Store With Gas For Sale

Southern Maine, Maine, US
Asking Price:
$2,995,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$4,536,749
Cash Flow:
$860,133

Offering food, groceries, tobacco, beer/wine and gas, this business is the go-to convenience store for tourists, the average working population, and other local businesses. The region is a popular destination for outdoor enthusiasts year-round. The key strengths of the business are fresh, good food made to order and gasoline/fuel. Sales have consistently increased year over year and even during Covid restrictions, store sales have continued to to be strong.

Note, inventory included in sale does not include gas inventory.

Property Information

Real Estate:

Lease

Premises Details:

Convenience store with kitchen and take-out area, full basement for storage, gas and diesel pumps on site. Large lot with plenty of parking and easy access. Lease also includes an apartment located on the premises.

Size in square feet:
1,880

Business Operation

Expansion Potential:

There are several opportunities to grow this highly profitable business. Expanding the beer section would allow more room for larger quantities and more variety of beer. Increasing delivery options could also be beneficial.

Although the gas pumps run 24/7, seven days a week, the store is currently closed on Sundays. A new owner could open on Sundays which could increase income potential."

Competition / Market:

There is one other business that offers fuel, but not food, in the vicinity.

Reasons for selling:

Retiring

Trading hours:

Mon - Sat 5am to 8 or 9pm; closed Sundays

Employees:
4 FT/ 5 PT

Other Information

Support & training:

Two 40-hour weeks

Furniture / Fixtures value:
$86,400 - included in the asking price
Inventory / Stock value:
$30,000 - included in the asking price

Contact Magnusson Balfour

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