Business Overview

This Trading Post does it all!

Alcohol – liquor, beer & wine.
Convenience store – lottery (Megabucks & scratch), groceries, camp supplies.
Diner with indoor seating with alcohol service and American cuisine. 3 meals.
Gas station. Above-ground tanks, all in compliance.
Hunting and fishing licenses.
Game tagging. Moose, bear, deer, small game (trappers).
Fur sales – bear, fox, coyote, skunk, deer.
FFL licensee selling guns and ammo, knives, archery.
UPS Authorized Shipping Center – pack & ship services.
Fishing rods, tackle, lures, other gear and live bait.
Small engine parts – ATVs, snowmobiles, boats, UTVs
Firewood, coal, wood pellets.
Pellet, coal and wood stoves.
Bottle & can redemption center – no other competitors are allowed in town.
Glass pipes (marijuana is legal in Maine)
Gravel and dirt sales.
Maine souvenirs.

Maine consistently rates as the safest state in the country and it’s a great place to live, work and raise a family!

Financial

  • Asking Price: $200,000
  • Cash Flow: $165,000
  • Gross Revenue: $213,456
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: $200,000
  • Inventory Included: N/A
  • Established: 1941

Detailed Information

  • Property Owned or Leased:Own
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:2
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Gas Pumps, UPS Authorized Shipping Center, Game Licenses Sales, Game Tagging, Bottle & Can Redemption Center, Lotter Scratch & (Mega Bucks), Diner with indoor seating

Is Support & Training Included:

Owner will assist in transition

Purpose For Selling:

Retirement

Pros and Cons:

None locally

Additional Info

The venture was founded in 1941, making the business 81 years old.
The sale shall not include inventory valued at $200,000*, which ins't included in the listing price.

The company has 2 FT, 2 PT employees and is situated in a building with approx. square footage of N/A sq ft.

Why is the Current Owner Selling The Business?

There are all types of reasons why people decide to sell businesses. Nonetheless, the real factor vs the one they say to you might be 2 totally different things. As an example, they might say "I have too many various commitments" or "I am retiring". For numerous sellers, these reasons stand. But, for some, these may just be excuses to attempt to hide the reality of altering demographics, increased competition, recent reduction in earnings, or an array of other reasons. This is why it is really important that you not depend completely on a vendor's word, yet instead, utilize the vendor's response along with your total due diligence. This will paint a much more reasonable picture of the business's present scenario.

Existing Debts and Future Obligations

If the current entity is in debt, which numerous businesses are, then you will have reason to consider this when valuating/preparing your offer. Numerous operating businesses take out loans with the purpose of covering things like supplies, payroll, accounts payable, and so on. Keep in mind that in some cases this can indicate that earnings margins are too thin. Many organisations fall under a revolving door of taking loans as a way to pay back various other loans. Along with debts, there may likewise be future obligations to take into consideration. There might be an outstanding lease on tools or the structure where the business resides. The business might have existing agreements with vendors that have to be satisfied or may result in charges if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do operating businesses in the location draw in brand-new consumers? Often times, operating businesses have repeat clients, which develop the core of their everyday revenues. Particular elements such as new competitors growing up around the area, road building and construction, as well as staff turnover can affect repeat clients as well as adversely impact future incomes. One important point to consider is the location of the business. Is it in a highly trafficked shopping center, or is it hidden from the main road? Undoubtedly, the more people that see the business on a regular basis, the higher the chance to construct a returning consumer base. A last thought is the general area demographics. Is the business situated in a largely inhabited city, or is it situated on the outskirts of town? Just how might the regional typical family income impact future revenue prospects?