Popular Deli/C-Store in Excellent Location

Undisclosed Address, Maine
Business Opportunity for Sale
Catylist Listing ID: 30737708
Property Subtypes: Retail Stores
Building Size (RSF): 1,668 SF
Sale Price: $679,000
Gross Revenue: $728,756 (Annual)
Cash Flow: $50,642 (Annual)
Last Updated: 6/23/2021

Overview / Comments

This country store is an icon in the area, benefitting from both year-round residents and tourists alike. The business is open year-round and offers friendly and quick service that customers have come to expect. This store is a popular place to grab breakfast or lunch on the go and also offers a wide variety of baked goods, coffee, beer, wine, cigarettes, tobacco, lottery tickets, and other convenience store items. The main focus is on the deli and baked goods which account for roughly 60% of annual sales.

Great customer service continues to bring locals, summer residents, and tourists back time and time again. The business consistently gets strong online reviews and has continued to thrive despite COVID-19.






Attachments & Media

Additional Details

Industry Segment: Convenience Stores
Reason for Selling: Other pursuits
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $26,200
Real Estate Status: Real Property
Value of Real Estate Included ($): $425,000
Employee/Labor Description: 5 FT / 4 PT PLUS OWNER
Mgmt/Training Support Description: 2 weeks
Competition/Market Description: There are four competitors in the area, but none offer the full variety of food and convenience store items at the prices this business offers its customers. The current owner is constantly visiting different stores to see where there prices are at and make sure prices are comparable or lower.
Growth/Expansion Opportunities: There are many ways to grow this business. Expanding hours and offering delivery service may allow for the potential to increase sales and perhaps entice new customers. Giving the building and property a facelift would be costly up front, but may offer more curbside appeal and draw in new customers as well.

Contact

Photograph of Listing Agent

Kirk A Butterfield

Keller Williams Commercial
NECPE Member
Photograph of Listing Agent

Craig S. Church

Magnusson Balfour/KW Commercial a div. of Keller Williams Realty
NECPE Member
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