Gas Station, C-Store & Hardware Store in Central Maine

Augusta, ME
Convenience store
Asking Price:$925,000
Gross Revenue:$2,745,000
Real Estate:$600,000
Cash Flow:$283,337
Inventory:$200,000
Established Year:1995
BUSINESS DESCRIPTION

Seller is retiring - Great location

This is a one-stop destination for locals! Stop in to fill your car’s tank, grab a pizza and a bottle of wine and don’t forget the washer to fix that leaky faucet in the kitchen. It’s all right here, located on a numbered state highway with a large parking lot.

This business has a huge variety of diversified income streams!

- Unbranded gas, 2 pumps, 4 nozzles. Double-wall 12K fiberglass tanks, just recertified. (8K regular, 4K
super),
- On and off-road diesel, propane, K1 kerosene.
Diesel (2K on road, 2 K off road, above ground), K1 – (1K gal. above ground)
- Full liquor license, including beer & wine.
- Full kitchen for take-out food like pizza, sandwiches.
- Complete stock of c-store foods, snacks and drinks, CBD items.
- Cigarettes, cigars, chew, vapes.
- Fully stocked hardware supplies. Electrical, plumbing, HVAC, tools, welding, automotive.
- Pet supplies – chew toys, leashes, pet and livestock food
- Animal supplies - Blue Seal Feeds, Poulin Grain, hay, straw and wood shavings for bedding.
- Bottle and can redemption.

Seller financing is not an option, and this is unlikely to be a good fit for absentee ownership. It is best suited for an owner/operator.

Financials

Purchase Price: $925,000
Cash Flow: $283,337
Gross Revenue: $2.745M
Inventory: $200,000 +/- (additional to the asking price, subject to final count)
Real Estate: $ 600,000 (additional to the asking price, incidental to the sale of the business, subject to commercial appraisal)

TOTAL ASKING PRICE - $1.725M (pending inventory count and real estate appraisal)

Employees: 0 FT, 8 PT
Founded: 1995
Reason for Sale: Retirement

Training: Owner will assist in the transition. Current manager may be willing to stay on.

Licenses: Liquor, Beer & Wine, fuel, pesticides, propane, tobacco.


DETAILED INFORMATION
Location
Augusta, ME
Inventory
Not Included in asking price
Real Estate
Owned
Employees
8
Financing
Seller financing is not an option
Support & Training
Owner will assist in the transition. Current manager may be willing to stay on.
Reason for Selling
Retirement
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Charlie
MacPherson
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Charlie MacPherson