This popular convenience store is situated in the heart of Penobscot County, Maine, and is a staple for locals. It offers a diverse selection of products, including groceries, ready-to-eat meals, snacks, drinks, tobacco, alcohol, and lottery tickets. Known for its excellent pricing and unbeatable location, the store has earned a solid reputation in the community.
The owner is planning to retire.
The facility spans approximately 1,500 square feet and is well-equipped to serve a variety of customer needs. It features multiple coolers stocked with beverages and frozen products, ensuring quick access to chilled items. The store is also outfitted with ample shelving for groceries and other essential goods, allowing for a well-organized shopping experience. Additionally, the facility includes kitchen equipment for preparing fresh sandwiches enjoyed by the loyal customer base.
The current owner is committed to providing comprehensive support and training to ensure a smooth transition for the new owner. They are open to negotiating the terms of this support to best suit the buyer's needs. This includes guidance on day-to-day operations, equipment use, and customer service, as well as assistance with understanding the local market.
The convenience store industry has a promising outlook, fueled by growing consumer demand for quick access to everyday essentials. However, the competitive landscape is challenging, with nearby convenience stores, family markets, and grocery stores offering advantages like a broader product selection or established brand recognition. While higher pricing among competitors offers a comparative edge, it also creates ongoing pressure to balance affordability and profit margins.
The store has great growth potential. Adding ice cream and expanding the prepared foods section could attract more customers and increase sales per transaction. Improving inventory management and vendor relationships can reduce costs and diversify the product selection. The small-town location and local community offer a strong foundation for community-based marketing. Embracing digital tools, like online inventory and a stronger online presence, could enhance customer engagement and operational efficiency.
This popular convenience store is situated in the heart of Penobscot County, Maine, and is a staple for locals. It offers a diverse selection of products, including groceries, ready-to-eat meals, snacks, drinks, tobacco, alcohol, and lottery tickets. Known for its excellent pricing and unbeatable location, the store has earned a solid reputation in the community.
The owner is planning to retire.
The facility spans approximately 1,500 square feet and is well-equipped to serve a variety of customer needs. It features multiple coolers stocked with beverages and frozen products, ensuring quick access to chilled items. The store is also outfitted with ample shelving for groceries and other essential goods, allowing for a well-organized shopping experience. Additionally, the facility includes kitchen equipment for preparing fresh sandwiches enjoyed by the loyal customer base.
The current owner is committed to providing comprehensive support and training to ensure a smooth transition for the new owner. They are open to negotiating the terms of this support to best suit the buyer's needs. This includes guidance on day-to-day operations, equipment use, and customer service, as well as assistance with understanding the local market.
The convenience store industry has a promising outlook, fueled by growing consumer demand for quick access to everyday essentials. However, the competitive landscape is challenging, with nearby convenience stores, family markets, and grocery stores offering advantages like a broader product selection or established brand recognition. While higher pricing among competitors offers a comparative edge, it also creates ongoing pressure to balance affordability and profit margins.
The store has great growth potential. Adding ice cream and expanding the prepared foods section could attract more customers and increase sales per transaction. Improving inventory management and vendor relationships can reduce costs and diversify the product selection. The small-town location and local community offer a strong foundation for community-based marketing. Embracing digital tools, like online inventory and a stronger online presence, could enhance customer engagement and operational efficiency.
This popular convenience store is situated in the heart of Penobscot County, Maine, and is a staple for locals. It offers a diverse selection of products, including groceries, ready-to-eat meals, snacks, drinks, tobacco, alcohol, and lottery tickets. Known for its excellent pricing and unbeatable location, the store has earned a solid reputation in the community.
The owner is planning to retire.
The facility spans approximately 1,500 square feet and is well-equipped to serve a variety of customer needs. It features multiple coolers stocked with beverages and frozen products, ensuring quick access to chilled items. The store is also outfitted with ample shelving for groceries and other essential goods, allowing for a well-organized shopping experience. Additionally, the facility includes kitchen equipment for preparing fresh sandwiches enjoyed by the loyal customer base.
The current owner is committed to providing comprehensive support and training to ensure a smooth transition for the new owner. They are open to negotiating the terms of this support to best suit the buyer's needs. This includes guidance on day-to-day operations, equipment use, and customer service, as well as assistance with understanding the local market.
The convenience store industry has a promising outlook, fueled by growing consumer demand for quick access to everyday essentials. However, the competitive landscape is challenging, with nearby convenience stores, family markets, and grocery stores offering advantages like a broader product selection or established brand recognition. While higher pricing among competitors offers a comparative edge, it also creates ongoing pressure to balance affordability and profit margins.
The store has great growth potential. Adding ice cream and expanding the prepared foods section could attract more customers and increase sales per transaction. Improving inventory management and vendor relationships can reduce costs and diversify the product selection. The small-town location and local community offer a strong foundation for community-based marketing. Embracing digital tools, like online inventory and a stronger online presence, could enhance customer engagement and operational efficiency.
(207) 922-3276
info@tbb.biz
295 Hammond Street
Bangor, ME 04401
P.O. Box 1533
Bangor, ME 04402
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