Large Convenience Store for Sale

York County, ME

Large Convenience Store for Sale
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Asking Price: $560,000

Cash Flow: $108,645

Gross Revenue: $1,384,364

EBITDA: N/A

FF&E: $105,000

Inventory: $40,000

Real Estate: $420,000

Established: 1936

Large Convenience Store for Sale

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Business Description

Friendly neighborhood convenience store and deli successful for over 80 years! Located in southern Maine in an excellent high visibility location on the main north/south corridor through town. The business has a parking lot that provides plenty of parking and easy in/out. The store is very popular because of its friendly staff, wide variety of products, and weekly specials. Well known for their quality meats at reasonable prices, in house bakery products, made to order subs and grab and go prepared meals.

There is significant unrealized income potential. This business does not sell tobacco products or lottery tickets. The addition would be very popular with the customers and would add additional revenue.

Real estate is included with this sale. The business occupies the bottom floor of a two-story commercial building. There are two apartments upstairs. One is occupied by an employee at an under-market rate, and the other apartment has been purposely kept vacant for occasional visits from out of town family.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
5,250
Employees:
3 FT, 11 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Well organized store, good lighting and adequate storage space.
Competition:
In the center of area with lots of multi-family and single family housing
Growth & Expansion:
Tobacco products and lottery would be natural additions. Neither is currently sold. Utilize available property revenue.
Support & Training:
2 weeks of training included with sale
Reason for Selling:
Other business interest
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Contact the Seller

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Ed Larochelle

Business Listed By:
Ed Larochelle

Keller Williams Realty

Show Phone Number

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Sponsoring Broker:
Scott Balfour

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