Unattended / Self-Serve Gas Station + Closed C-Store in Northern New England
Price: $200,000
Location: Augusta, ME
Industry: Retail
Listing ID: CM4623
***Confidential listing, not in indicated city***
This is a unique opportunity to own a completely self-serve / unattended gas station with lots of room to grow. The unbranded single gas pump accepts cash and credit cards without an operator needed on site.
With this setup, the seller pumps 300,000 gallons per year and boasts 4.3 stars on Google.
In addition, the company sells on-road diesel and kerosene. Both diesel and kerosene are stored in above-ground tanks of 330 gallons each. There is one DW fiberglass-over-steel underground gas tank. It is 8,000 gallons in one compartment and is 2 years old. It is monitored by a Veeder Root system. There are no known EPA issues.
Included in the sale is a CLOSED Convenience Store (2,700 square feet +/-). However, it should be easy to re-open. Most of the fixtures are stored on-site, including a POS, shelving and coolers. The walk-in coolers are still in place and reported to be working. The seller is a builder and estimates a cost of $50,000 to completely renovate the space into a sparkling, modern C-store.
The building also includes a large garage in the rear, suitable for storing or working on trucks and heavy equipment. It has 16’ high ceiling and 24’ X 14’ doors. The seller would like to lease this space from the new owner for at least a year.
Disclaimer: Information and financials provided by the sellers and Inbar Group has not audited them.
Listing Details
Gross Revenue: $2,590,000
Cash Flow: $102,000
FFE: $50,000 (Included in Price)
Inventory: $20,000
Real Estate: $200,000
Reason For Sale:
Retirment
Training & Support:
Seller will assist in transition.
Operation
Days & Hours of Operation: 24/7/365
Owner Hours Per Week: 12
Employees: 1 PT
Managers: Seller
Location
Facilities Information:
The building also includes a large garage in the rear, suitable for storing or working on trucks and heavy equipment. It has 16’ high ceiling and 24’ X 14’ doors. The seller would like to lease this space from the new owner for at least a year.
Summary
Potential Growth:
Reopen the C-store, apply for a beer and wine license and sell those. They were big sellers before the seller closed the store in 2014.