Well Established Convenience Store

Portland, ME (Cumberland County)

Well Established Convenience Store
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Asking Price: Get Financing: $129,000

Cash Flow: $43,877

Gross Revenue: $1,558,964

EBITDA: N/A

FF&E: $23,000

Inventory: $54,000

Lease Rate: $15.95 /SF/Year

Established: 2012

Well Established Convenience Store

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Business Description

This business is well established with the local community and commuters offering all of the popular convenience store items. It's in a great location on the corner of a cross street with a traffic light offering easy in and out access. Excellent opportunity to grow this thriving business with an owner who has more time available to manage the business. Turn-key with training and includes all the assets and inventory.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,370
Lease Expiration:
N/A
Employees:
4PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Modern facility, well lit with good parking.
Competition:
Established neighborhood in thriving market area.
Growth & Expansion:
Lots of room to grow particularly in the food area.
Support & Training:
2 weeks included.
Reason for Selling:
Has another business that needs more attention.
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Ed Larochelle

Business Listed By:
Ed Larochelle

Magnusson Balfour Commercial & Business Brokers

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Sponsoring Broker:
Scott Balfour


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