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Convenience Store & Restaurant

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York Co., ME   |  Food and Beverage Businesses for Sale – Restaurants for Sale   |  Businesses for Sale Between $100k and $150k

Asking Price:
$135,000

Gross Revenue:
$869,100
Cash Flow:
$61,422
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$27,000
included in asking price

FF&E:
$54,000
included in asking price

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Business Description

Neighborhood market and restaurant on busy US Route One in southern Maine. In addition to significant commuter traffic, this business is a local favorite offering all of the general convenience store staples plus a popular restaurant. The restaurant is known for its great pizza made on-site, delicious daily specials along with the normal American fare menu items. Known for their friendly staff, and for those hungry and in a hurry, a quick in and out service for breakfast and lunch. Doing well and have many opportunities to grow the business. Turnkey including all assets and inventory.

About the Business

Year Established:
1935
Number of Employees:
3FT 8PT
Real Estate:
Leased
Building Sq. Ft.:
3,758
Lease Rate/Sq. Ft./Yr.:
$11.00
Facilities:
Attractive facility that has been well maintained.
Growth & Expansion:
Lots of potential to continue to increase the business. The nighttime business is under-developed, could be open later, currently do not offer beer/wine in the restaurant, add a liquor agency and do more advertising, which has been minimal.
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About the Sale

Reason For Selling:
Owns another unrelated business.
Training/Support:
2 weeks training included.

Listing Info

ID:
1373440
Ad Detail Views:
78

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Business Listed by

Ed Larochelle

Magnusson Balfour Commercial & Business Brokers

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Sponsoring Broker:

Scott Balfour
Magnusson Balfour Commercial & Business Brokers

U.S. Census Data for York County, ME
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for York County, ME
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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