Well Established Convenience Store

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Very Busy Store with strong following and High Deli Food Sales

Business Description

We have owned this business for 18 years and continue to grow sales . This conv store is in an excellent location, turn key and has lots of potential to expand. Currently has 2 cash registers and is busy all the time, a staple in its community. Has beer, wine, groceries, hot foods, soda, chips ect....No gasoline. Business has been well maintained with newest additions being shingled roof and walk in cooler compressor. Store is located in North Central Maine not far from Bangor and is right off I-95 North. It is by far the busiest store in the area and well known for great food, fun and customer service, an excellent opportunity for someone who wants to work hard and continue to support a small community. Currently doing $1.8 million annually in sales

About the Business

Year Established:
1998
Number of Employees:
17
Franchise:
Yes
Real Estate:
Owned
Building Sq. Ft.:
2,400
Facilities:
Multiple coolers, freezers. Large walk-in Beer/Milk cooler, 2 Cash registers with scanners , 2 Credit card machines, 2 hot food fryers, pizza oven, Sandwich prep table, fire suppression system hood vent, grocery shelving, outside storage building, signage ect.. all fixtures in a complete operating conv. store
Website:
facebook
Market Outlook/
Competition:
One restaurant and one other convenience store in town
Growth & Expansion:
The Store is very busy in its 2400 sq foot existing location and has room to expand with plenty of sales growth opportunity. The area is in need of a small grocery store and this location has the potential if someone wanted to expand.
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About the Sale

Reason For Selling:
Been in retail for 37 years looking to do something different
Training/Support:
Current fully trained staff, willing to discuss staying on for a period of time for training/support

Listing Info

ID:
1384113
Ad Detail Views:
380
Asking Price:
$399,000

Gross Revenue:
$2,000,000
Cash Flow:
$95,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$40,000
included in asking price

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed
included in asking price

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Business Listed by
Gerard stcyr

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U.S. Census Data for Penobscot 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 Penobscot County, ME
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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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