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37647-Monopolizing Town Grocer With Gas And Deli For Sale

Maine
Asking Price:
$1,950,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$3,625,803 (USD)
Cash Flow:
$255,000 (USD)

Located in Central Maine, this grocery store is a one-stop-shop with a full-service grocery store, gas station and deli. The grocery store includes fresh-cut meats, produce, beer, wine, liquor, cigarettes and lottery tickets. The deli kitchen offers pizza, sandwiches, salads, hot and cold food to-go for both tourists and local customers alike. The gas station offers gasoline, diesel, propane and kerosene. The 5,000 square foot facility is included in the price and features a small office, restrooms and employee break areas, and backroom and storage space. Through word of mouth referrals and campground ads, marketing efforts focus on targeting the residents of surrounding counties and passersby who visit the area to camp, hike, snowmobile, and hunt. Located on a state highway, the closest grocery store is over 15 miles in either direction. Benefited by a track record of over 40 years since its inception in the 1970’s, the skilled personnel of 15 non-union employees, including management, can easily operate this business, giving the owner the ability to enjoy a flexible schedule and as much control of business activities as desired. With state and liquor licenses in place, gross revenue projections for 2019 are at $3,800,000. Last year, the well-reputed company had sales of $3,625,803 with rounded SDE’s of $255,000, based on an independent evaluation!

Property Information

Real Estate:

Lease

Business Operation

Reasons for selling:

Approaching retirement

Trading hours:

Monday-Saturday from 5:00am to 9:00pm & Sundays from 6:00 am to 9:00 pm

Employees:
15 nonunion
Years established:
mid 70's

Other Information

Support & training:

3 months

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Negotiable for the right buyer

Furniture / Fixtures value:
$225,000 (USD) - included in the asking price
Inventory / Stock value:
$91,074 (USD) - included in the asking price

Contact Information

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