125K store sales in SE Portland

Portland, OR (Multnomah County)

Seller Financing Available
125K store sales in SE Portland

Asking Price:$249,000

Cash Flow:N/A

Gross Revenue:$3,231,052

EBITDA:N/A

FF&E:$150,000

Inventory:$85,000*

Rate/Sq. Ft.:N/A

Established:1975

*not included in asking price.

125K store sales in SE Portland

Get Financing Save Print Share Valuation Report

Business Description

A good visible 76 branded station with convenience store currently selling over $125000 in store merchandising per month and pumping around 70000 gallon.
Location can not get better than this with thousands of apartments within walking distance. Store has been run with 100% help for last five years. A wonderful opportunity for an owner operator to take advantage of this rare opportunity with potential to grow sales back to $160000 per month that owner manager had when operated. Seller will consider financing inventory up to $85000. landlord will sign a new five year lease with five year option giving new owners at least 10 years in total.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building Sq. Ft.:
N/A
Lease Expiration:
N/A
Employees:
8
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Branded 76 station on very busy street (Stark & 162nd) with four MPD's and eight pumping positions. 1250 SF convenience store with all necessary equipment and two registers.
Competition:
Very visible site on a prime corner with tremendous potential to increase c store sales. Thousands of apartments within walking distance of this store. The current store sales are over $125000 per month and gas gallons over 70000. Site has been operated absentee for over five years. Store sales were over $160000 per month when was operated by owner. Great opportunity for an owner operator to bring sales back to previous levels.
Growth & Expansion:
Owner operator can increase store sales and profits by just being on site. Thousands of apartment within walking distance. Landlord will grant a new ten year lease.
Financing:
Inventory up to $85000
Support & Training:
up to 40 hours by Store manager
Reason for Selling:
Absentee owners with other multiple businesses

Listing Statistics for Premium Members

Ad#:1310694 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's terms & conditions before responding to any ad.

Contact the Seller

(from currently available funds)
 
Sign up for the BuyerNewsletter.
Learn to use your IRA/401K to buy a business: Guidant Financial (min. $50K needed in IRA/401K)
Contact Seller Loading

Sohail Khan

Business Listed By:
Sohail Khan

Khan Oil LLC

Show Phone Number

View My Listings

Find out more...

Get more details about this business.


Similar Listings


Christian Brothers Automotive

Franchise Opportunity
Capital Required: $390,600