PROFITABLE CONVENIENCE STORE AND GAS STATION

Undisclosed Address, Boothbay, ME 04537
Business Opportunity for Sale
Sale Pending
Catylist Listing ID: 30480732
Property Subtypes: Retail Stores
Status: Pending
Building Size (RSF): 2,776 SF
Sale Price: $483,000
Year Business Established: 2013
Gross Revenue: $3,325,600 (Annual)
Cash Flow: $194,400 (Annual)
Last Updated: 11/6/2019

Overview / Comments

This is a neighborhood convenience store offering grocery items, deli items (including breakfast, sandwiches and subs, pizza, burgers, salads), fresh seafood, homemade baked goods, 24-hr gas, diesel & K-1.

Additional Details

Industry Segment: Convenience Stores
Reason for Selling: The owners want to transition to part time retirement.
Value of Inventory Included ($): $100,000
Value of Furniture, Fixtures, and Equipment ($): $0
Value of Real Estate Included ($): $0
Mgmt/Training Support Description: Shareholders are willing to provide 2 weeks of training after the purchase.
Growth/Expansion Opportunities: Recent changes: In recent months they have installed 24 hr pay-at-the-pump K-1/Diesel dispenser, installed air dispenser for tire filling, installed new in-air exhaust/fan and added new heat intake air system in deli, added new insulated front doors, created a shift leader position. Possible future changes might include delivery potential, retail use of garage, building addition, expand size of underground gas tank.

Contact

Photograph of Listing Agent

Scott Balfour

Magnusson Balfour Commercial & Business Brokers
NECPE Member
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