Retail - Convenience Stores | Retail - Gasoline Service Stations

Asking Price	$250,000	Inventory	$25,000**
Gross Income	$4,000,000	Real Estate	$500,000**
Cash Flow	$115,000	Year Established	1994
FF&E	$90,000*	Employees	3

* included in the asking price

** not included in the asking price

The store is strategically located along one of Portland s busiest thoroughfare. It offers fuel and convenience store items with projected sales of $4 million. About 89% comes from fuel sales, with over seven hundred thousand gallons projected to be sold in 2008. The store is adjacent to a large residential area and is a prime location for co-branding or expanding into pizza and sandwiches. The sale includes the real estate.

Facilities: The 2,500-square foot building offers ample space for expansion into food service. The site has easy street access, lighting, a large canopy and good parking. The pumps and tanks are less than ten years old and are in excellent condition.

Competition: Portland is a very competitive fuel market, but the store s location, parking and traffic count give it a strategic advantage.

Growth/Expansion: Portland offers the largest market in the state, and this store s location and lack of nearby competitors makes it a solid business. The addition of a co-branding franchise or other quick serve food would add substantial revenue growth.

Financing: $125K on Biz; $350K on RE; $275K Down; $25K Inventory. $25K Working Capital

Support/Training: Seller will provide transition training.

Reason Selling: Owner has other businesses.