Convenience Store with Take-out & Gas includes Real Estate – Great Price!

Description

The business is primarily a full service convenience store with groceries, large selection of beer and wines, dairy, ice cream, propane exchange, ice, lottery, and more.  It has a well-established customer base, evenly distributed between self-service equipment, convenience store amenities, and an on-site grill/lunch counter that delivers to the Portsmouth Naval Shipyard.

Current owner has made significant upgrades to the equipment and facilities, including the fuel tanks being replaced in 2008.  A new owner could continue to run the business “as is” or remove the gas and focus efforts on growing the convenience store and take out sales.  Excluding gas sales, the store itself does $918,112!  

The property has an adjacent large private executive office with bathroom/shower and kitchen and resides on 1.27+/- acres.   It’s located at a highly visible corner of Route 236 and Ambush Rock Road with 16,220 Vehicles per Day (per Maine DOT 2016).

Detailed Information:

Sales Price: $499,900

Revenues: $1,514,329

Furniture, Fixtures & Equipment (FF&E): $51,175 (Included)

Inventory: TBD

Seller’s Discretionary Income: $125,730

Real Estate: Included

Facilities: It’s a Mixed Use building comprising of approximately 2640 SF+/- residing on 1.27 acres +/- with 212 Feet +/- of frontage on RT 236.  The building has a convenience store with grill/lunch counter with an attached executive office with a bathroom/shower and kitchen. The business pumped out 168,222 gallons of gas in 2018.

Support & Training:  Willing to assist in transition for a limited time

Reason for Selling: Retirement

Link to Business Website

Confidential Financials to be provided upon completion of attached NDA


Location