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CSP DAILY NEWS - Four Puffin Stops For Sale

July 02, 2010

 
JJManning Auctioneers selling locations in Maine

 

LIVERMORE FALLS, Maine -- Puffin Stop, a gas station and convenience store in Livermore Falls, Maine, that has been in town for decades, closed its doors June 22, reported The Sun Journal. Alliance Energy LLC, which owns the property, will not renew the lease, assistant store manager Jenn Lemieux told the newspaper.

Waltham, Mass.-based Alliance Energy supplies gasoline and diesel to more than 500 gas stations throughout the northeastern United States in New England, New York and Pennsylvania, the company said on its website. These locations include salary operations, leased locations and contract dealers.

The convenience stores at these locations include Fast Freddie's and Mr. Mike's both wholly owned subsidiaries, and Mobil On The Run. Alliance distributes a variety of gasoline brands, which include Exxon, Mobil, Sunoco, Shell, CITGO and Gulf. Alliance also offers unbranded fuel under the Global flag.

The company was unavailable for comment, the paper said.

The convenience store and gas station was initially known as Eddie's before it became Puffin Stop, the report added.

 

 
JJManning Auctioneers, Yarmouth Port, Mass., is offering four Maine Puffin Stop gas stations and convenience stores, selling individually on Thursday, July 15, 2010, at auction in Livermore Falls, Maine.

The first property, in Livermore Falls, is a 960-square-foot c-store and gas station on .52+/- acres with three islands under a canopy.

The second property, in Rockland, Maine, is a 4,617-square-foot c-store with fast food and gas station on .75 acres.

The third property, also in Rockland, known as Crossroads Puffin, is a 2,100-square-foot c-store and gas station on .49 acres.

The fourth property, in Portland, Maine, known as Auburn Street Mobil, is a vacated gas station and c-store. The 581-square-foot store and station on .65 acres.

Visit www.JJManning.com for additional details and terms. Terms of Sale: 10% deposit of which $20,000 PER PROPERTY must be presented in cash, certified, or bank check at the auction. Remainder of 10% deposit in wire transfer, cash certified or bank check by 5pm ET on Tuesday, 7/20/10. Balance in 45 days. 10% Buyer's Premium. Other terms, if any, announced at the sale.
 

© CSP Information Group, Inc. 2010