Profitable Grand Isle General Store

Price: $299,000

Location: Grand Isle, ME

Industry: Retail

Listing ID: 09242020

Have you thought about buying a business in a quiet, peaceful town in Maine? This might be the perfect fit!

The Grand Isle General Store is a small town staple in northern Maine. It supplies all the usual convenience store items along with, coffee, Slush Puppies, eat-in or take-out pizza, subs, breakfast sandwiches and other foods, including locally made world-class Bismarks (pastry). Non-food items include propane, camp firewood, fishing supplies for the local ice fishing derby and flowers.

The seller has invested heavily in building upgrades over the last few years.

This offering includes an apartment on the second floor. It’s perfect for an owner’s suite!

The location benefits from tourism in all seasons. Northern Maine is famous for year-round activities – summer tourism includes hiking, sightseers and ATV trails. The fall colors draws people from all points on the compass and the winter offers both ice fishing and snowmobile trails for outdoor fun.

Listing Details

Gross Revenue: $256,432

EBITDA: $781,717

Inventory: $23,771

Reason For Sale:

Owner is seeking other opportunities.

Training & Support:

Owner will provide training and support.

Operation

Days & Hours of Operation: Open 7 Days

Location

Square Footage: 1200

Facilities Information:

Building area: 3,384 square feet on 0.24 acres.
Retail area: 1,200 square feet

Summary

Potential Growth:

Plenty of potential growth.