Financials
Asking Price: $1,490,000
    Included in the Asking Price:
    Furniture, Fixtures & Equipment: $150,000
    Real Estate: $1,200,000
Inventory: $40,000
Gross Sales: $6,000,000
Cash Flow: $170,000 from Business, plus $100,000 Rent Add-Back from
store and an additional $24,000 from office space.

Summary Description
The store is strategically located at a major Interstate interchange. It
offers fuel and convenience store items with projected sales of $6 million.
About 85% comes from gasoline sales, with over 1.3 million gallons sold in
2007. Sales are year-round with a strong peak in summer. The store is
newly renovated and expansion opportunities make it one of Central Maine’s
top convenience stores. The sale includes real estate.

General Information
Year Established: 2006
Employees: 2 FT year round, plus 4 PT
Facilities: The 4,000 SF building is located on a corner lot directly off an
I95 ramp.  New signage, pumps, paving and exterior renovations and land-
scaping have been added in the last year. 2000 SF of office space can be
rented or converted to co-branding opportunities or car wash. The business
owns the fuel tank and pumps. The real estate is included in the sale.

Market Outlook
Competition
The store has a prime location in its market and serves year-round and
seasonal customers. It is the dominant store at the interchange.

Growth & Expansion
This area of Maine will continue to grow in both population and vacationers,
with an ever increasing traffic count by the store.  Ample space could be
converted to synergistic uses or rented out for co-branding opportunities.

About the Sale
Financing:
    Anticipated Bank Financing on the business $150,000
    Anticipated Bank Financing on the R.E. $850,000
    Total Down Payment: $490,000
    Working Capital Needed: $60,000
    Inventory Purchase: $40,000 +/-
Support/Training: Seller will provide transition training.
Reason Selling: Corporate consolidation

Contact Information
Lee Edwards
Maine Business Brokers Network
Phone: 207-775-1957
Email: Lee@MaineBusinessBrokers.com

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