High Performing Neighborhood Deli &Convenience Store in Coastal Maine - Business for Sale
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Deli and Convenience Store with Real Estate in South Portland, ME
South Portland, ME, US
Added today
Neighborhood Deli & Convenience Store
4 years in business
Neighborhood deli and convenience store with real estate, including a rental apartment and commercial tenant, located on a high-traffic corner in South Portland, Maine.
Key Information
Asking
$1.3M
Revenue
$1.5M
Earnings
$230K
Multiple
5.7x
Key Highlights
- Annual gross revenues range from $1,300,000 to $1,500,000
- Business and real estate are included in the sale
- Consistent net revenues for the property exceed $200,000, with a stated cap rate of approximately 16%
- Business has been established for 4 years
- Includes a second-floor residential apartment for owner occupancy or rental income
- Includes a commercial tenant providing additional rental income
- Located on a corner lot in South Portland, ME with traffic counts exceeding 13,000 vehicles per day
Contact Info
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