NEW PRICE! Convenience Store w/ Take-out & Gas includes Real Estate!

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Profitable Convenience Store & Take Out Biz w/Gas & Real Estate - Great Buy!
Asking Price:
$469,900

Gross Revenue:
$1,514,329
Cash Flow:
$125,730
EBITDA:
$125,730
Inventory:
 Not Disclosed

FF&E:
$51,000
included in asking price

Real Estate:
 Not Disclosed

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Business 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).

About the Business

Location:
Kittery, Maine
Real Estate:
Owned
Building Sq. Ft.:
2,640
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.
Growth & Expansion:
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!
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About the Sale

Reason For Selling:
Retirement
Training/Support:
Willing to assist in transition for a limited time

Listing Info

ID:
1640081
Ad Detail Views:
0

Attached Files Attachment Disclaimer

  Take out & Gas #3061.pdf (193 KB)
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Business Listed by

Hank Beresin

First Street Business Brokers, LLC

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