Retail - Convenience Stores | Retail - Restaurants

$Seller Financing Available

Asking Price	$765,000	Inventory
Gross Income	$250,000	Real Estate
Cash Flow	Not Disclosed	Year Established	1940
FF&E	N/A	Employees	6

* included in the asking price

** not included in the asking price

This is a high traffic tourist destination in the summer, and needs an experienced owner operator that understands what tourist are looking for. The property is in great condition and has nice curb appeal. Located close to a 120 slip marina that is awaiting final approvals, will only increase the traffic to this property. This has great potential to expand the current useage and sales volume.

Facilities: Fully equipped convenience store, restaurant/take-out, ice cream, and lobster pound with tanks. Building with 3750 square feet is in great condition and up to code. Includes an apartment over store with water views. Great family business opportunity withing walking distance to ocean, river, docks and new proposed 120 slip marina. Captive audience with no other stores near by!

Competition: Camp Ellis in Saco is a great location in a busy tourist community with no other grocery or convenience type stores within 6 miles.

Growth/Expansion: This business has been greatly underdeveloped. The exisiting owner has relied exclusively on managers and has been an absentee owner. There is room for expansion in the convenience store area, including the inclusion of a deli offering basic cold cuts, hotdogs and hamburg.

Seller Financing Available: Yes

Financing: 350,000 assignable private mortgage, currently held by prior owner

Support/Training: Seller will provide training for reasonable period of time.

Reason Selling: Owner is over extended with 3 other demanding seasonal businesses