Retail - Convenience Stores | Retail - Gasoline Service Stations

Asking Price	$1,290,000	Inventory	$30,000**
Gross Income	$4,000,000	Real Estate	$1,000,000*
Cash Flow	$294,000	Year Established	1975
FF&E	$150,000*	Employees	6

* included in the asking price

** not included in the asking price

The store is strategically located at a major Interstate interchange. It offers fuel and convenience store items with projected sales of $4 million. Annual gasoline sales are about one million gallons. In-store sales have run approximately 15% of total sales. Sales are year-round with a strong peak in summer. The store is newly renovated and expansion opportunities make it one of Central Maine’s top convenience stores. The sale includes real estate.

Facilities: The 4,000 SF building is located on a corner lot directly off an I95 ramp. New signage, pumps, paving and exterior renovations and landscaping have been added in the last year. 2000 SF of office space can be rented or converted to co-branding opportunities or car wash. The business owns the fuel tank and pumps. The real estate is included in the sale.

Competition: The store has a prime location in its market and serves year-round and seasonal customers. It is the dominant store at the interchange.

Growth/Expansion: This area of Maine will continue to grow in both population and vacationers, with an ever increasing traffic count by the store. Ample space could be converted to synergistic uses or rented out for co-branding opportunities.

Financing: $150K Bank on Biz; $750,000K Bank on RE; $390K Down; $30K Working Capital, $30K

Support/Training: Seller will provide transition training.

Reason Selling: Corporate consolidation.