Turnkey Convenience Store/Restaurant/Fuel Station

Saint Agatha, ME
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Asking Price:$1,500,000
Inventory:$500,000
Established Year:2017
Gross Revenue:$3,500,000
FF&E:$1,000,000
BUSINESS DESCRIPTION

Busy, established convenience store with restaurant and fuel stations--and the only Liquor License in town! This was awarded June 2024 and will significantly add to the bottom line. Building, business, inventory, and most of the employees included. Strong numbers and consistent growth. Fuel pumps, lines, controls, wiring all new as of 2022, along with a new 10,000 gallon tank. Restaurant has a full service kitchen with pizza ovens, fryers, flat top grill, oven, hoods, prep coolers, freezers, Ansul system and more. Store has a wide variety of inventory, from auto parts to beer and wine to groceries. A quick serve market is well served, with a buffet by-the-pound table, frozen yogurt bar with toppings, salad bar, pizza warmer, shelf warmers, and slushy, smoothie, coffee, and other assorted drink machines. Don't forget the custom ordered single unit beer cooler, installed in 2022. Location can't be beat for vehicular and recreational traffic. It sits on Route 162, the snowmobile trail passes across the property, the ATV trail is a few feet down the road, and famous Long Lake and the St Agatha Marina is less than a mile away. ALL INVENTORY AND EQUIPMENT INCLUDED! Owners will leave absolutely everything you need to be in business the next day. Gasoline is in the process of being re-branded to CITGO, which comes with may benefits that will transfer for the new owner such as rebates on gas for the first 5 years. It is also non committable and allows the new owner to choose any brand. More Info available for qualified buyers after signing a non disclosure agreement.


DETAILED INFORMATION
Location
Saint Agatha, ME
Inventory
Included in asking price
Real Estate
Owned
Included in asking price
Employees
8
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Lots of new additions, including: Self contained beer cave, new fuel tanks, pumps and 24 hour service, new cooler compressors and many new beverage machines. Kitchen was recently expanded renovated. Restaurant serves breakfast, lunch and dinner such as pizza, burgers, and fried foods. Has takeout or dine-in option. Daily specials in a warmer table, along with a salad bar. Also features a frozen yogurt bar, soft serve ice cream, and Gifford's hard serve. Other equipment includes smoothie machines, coffee machines, and milkshake machines.
Competition
The only other store in town just closed. Roy's is now the single gas station, liquor store, and convenience store in the lakeside tourist town of St Agatha.
Growth & Expansion
Every year is busier. Growth is expected to remain consistent at about 6%.
Support & Training
Negotiable.
Reason for Selling
Retiring
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Matthew Dechaine
Crown Lakes Realty
Matthew Dechaine